LMAX Exchange picks pension fund veteran for Canadian FX sales

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LMAX Exchange has named pensions veteran Daniel Lavigne as head of buy-side sales for Canada as it continues to build its FX trading business globally.

Reporting to global head of buy-side sales Franz Schmidpeter, Lavigne is responsible for driving LMAX’s expansion of its liquidity solutions and execution management tools in the Canadian market.

Patrick Bartle, managing director of the exchange, said: “Daniel will be a great asset as we expand our buy-side focused liquidity solutions and execution management tools. The combined depth of his experience and strong institutional relationships will be extremely valuable as we build a complete FX offering across our global matching locations.”

Lavigne brings more than 25 years of experience to the role, joining the company from defined benefit pension fund OMERS. He was director of trading at the fund, covering FX trading and products, for more than 17 years.

Earlier in his career, Lavigne was a portfolio manager for tactical investments at the Hydro Quebec Pension Plan and for FX volatility at the Caisse de dépôt et placement du Québec.

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