Jun. 17, 2011 (Canada NewsWire Group) --
MONTREAL, June 17, 2011 /CNW/ - TMX Group Inc. and Montreal Exchange today offered their sympathies on the passing of Jacques O. Nadeau. Mr. Nadeau served Montreal Exchange as a member of the Governing Committee from 1997 to 2000 and then as member of the Board of Directors from 2000 to 2006, acting as its Chairman from 2000 to 2004.
Said Thomas Kloet, TMX Group Chief Executive Officer:
"Jacques Nadeau was a business leader admired and respected by all who knew and worked with him. He served Montreal Exchange over many years, and was a key contributor to its success. His passing is a loss for all who worked in the financial sector, his friends and his family, and we offer our most sincere condolences."
Alain Miquelon, President and Chief Executive Officer of Montreal Exchange added:
"Jacques Nadeau played a key role at Montreal Exchange and helped guide our business through its demutualization, specialization in derivatives and growth into a strong player in Canada's capital markets. A true leader of Quebec's financial sector and an active participant in Montreal's business community for several decades, Jacques will be missed by all who had the privilege to benefit from his guidance, counsel and friendship. As someone who benefited from his mentorship and friendship for the last twenty years, I offer my heartfelt condolences to his family on this very sad occasion."
About TMX Group (TSX-X)
TMX Group's key subsidiaries operate cash and derivative markets for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, Montreal Exchange, Canadian Derivatives Clearing Corporation, Natural Gas Exchange, Boston Options Exchange (BOX), Shorcan, Shorcan Energy, Equicom and other TMX Group companies provide listing markets, trading markets, clearing facilities, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada (Montreal, Calgary and Vancouver), in key U.S. markets (Houston, Boston and Chicago) as well as in London. For more information about TMX Group, visit our website at www.tmx.com.