TMX Group’s Eric Sinclair Retires
It’s the end of an era in the Great North.
Eric Sinclair, President of TMX Market Insights has announced his retirement. At TMX he was responsible for leading and growing a multi-asset class data and information services business, providing product and delivery solutions to an international capital markets community.
Earlier this year, Sinclair oversaw the sale of exchange’s wireless and extranet infrastructure services business known as TMX Atrium to Intercontinental Exchange (ICE). The decision to enter into this transaction was made within the scope of TMX’s ongoing strategic initiative to streamline its organizational structure and position the company to deliver profitable long-term growth. Upon closing, TMX Atrium will become part of ICE Data Services, a leading global provider of market data solutions.
“The sale of the TMX Atrium business is the result of a shift in our strategic focus from infrastructure services to providing intellectual property-based analytics solutions that drive client investment decisions,” Sinclair said at the time. “Going forward, Atrium clients stand to benefit from the expanded global reach of the combined Atrium and Secure Financial Transactions Infrastructure (SFTI) network.”
He joined TMX in February of 2010.
Before joining TMX Group, for four years Sinclair acted as Executive Vice President, Global Sales for Sanchez Computer Associates Inc., where he was responsible for global sales for the Wealth Management Division.
Prior to that, he was Vice President, Sales and Business Development at Thomson Reuters Ltd for 13 years.
He got his start in the finance world at IP sharp Associates as a Senior Sales Executive.
Mr. Sinclair obtained his Honors in Business Administration from the Richard Ivey School of Business.
The venue is the first national regulated exchange offering T+0 settlement.
There is a need for institutional-grade liquidity in the digital asset market.
Since the start of 2022 liquidity has shifted to SOFR-based derivatives at an accelerated pace.
LSEG's derivatives venue is closing on 28 January after more than five years of operations.
The regulator said it is considering modernizing its rules related to the definition of an exchange.