10-06-2016 17:30 via Yahoo News - Latest News & Headlines

TMX Group CFO Michael Ptasznik jumps ship to Nasdaq

(Reuters) - Nasdaq Inc said it named Michael Ptasznik as chief financial officer after he resigned from a similar role at TMX Group Inc , the operator of the Toronto Stock Exchange. The appointment of Ptasznik is seen as a coup for Nasdaq, which is looking to expand its footprint in Canada. Nasdaq announced in March that it plans to seek regulatory approval to turn its existing alternative trading systems in Canada, which are more lightly regulated than exchanges, into full-blown stock exchanges
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