Independent Trading Group Launches New Agency Desk

Independent Trading Group (ITG), Canada’s only brokerage firm dedicated specifically to professional trading, announced the launch of their brand-new agency desk, which will offer high quality execution services to domestic and international institutional clients..

The agency offering will focus on providing high quality execution and customer service, coupled with best-in-class trading technology.

Clients will have access to three highly qualified and experienced Bay Street traders with in-depth institutional and trading backgrounds.

Michael MacMenamin specializes in identifying and executing trading opportunities in the equities market and brings over 17 years of experience in capital markets to the team.

Meiwen Gouadec brings deep knowledge of the capital markets, with close to 20 years of institutional trading experience from small boutiques to major financial institutions, along with strong relationships across multiple top tier institutional accounts.

David Sears brings over 30 years of trading experience that commenced on the TSE trading floor in 1986. Most recently, Mr. Sears’ focus has been on Market Making, which he will continue to focus on at ITG.

These new additions to the firm will be joining Jeff GambleDerrick Reimer and David Kemp as part of ITG’s growing team of experienced institutional sales and trading personnel.

“The agency desk is yet another step in our continued growth. It allows us to level the playing field by leveraging our experience and our technology to offer our clients the best execution possible, including access to liquidity and competitive pricing,” said President and CEO Sean Debotte. “Trading, and trading technology go hand in hand. We need to be able to leverage technology to give our clients the edge that they need to capture alpha.”

ITG was established in 1992 and is considered one of Canada’s top independent trading firms. This gives ITG the opportunity to offer true, direct transparency. The agency desk marks an important step forward for ITG as the firm expands its services to offer agency traders access to high quality execution services.

“The broker dealer community is facing challenges like never before,” said Jeff Gamble, Managing Director. “Despite these challenges and difficult market conditions, ITG continues to grow. I am proud of the progress we have made, and excited to build on this year’s success.”