TMX Group Remembers John Pearce Bunting, Former President and CEO of Toronto Stock Exchange

TORONTO, May 2, 2017 /CNW/ - TMX Group today offers sincere condolences on the passing of John Pearce Bunting.

Among the many highlights of his distinguished career in the Canadian financial services industry, Mr. Bunting holds the distinction of being the longest-serving President and CEO in the 165-year history of the Toronto Stock Exchange, leading the Exchange from 1977 to 1994. During his tenure, Pearce was a true visionary and marketplace innovator, leading Toronto Stock Exchange to defining, historic achievements, including becoming the first exchange in the world to offer fully-automated trading with the launch of the Computer Assisted Trading System, or CATS, in 1977, and the development of the world's first exchange traded fund, or ETF, in 1990. Mr. Bunting also served as the President of the International Federation of Stock Exchanges from 1983-84.

TMX Group extends thoughts of comfort and condolences to Mr. Bunting's family and friends.

About TMX Group (TSX-X)

TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, NGX, Shorcan, Shorcan Energy Brokers, AgriClear and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada (Montréal, Calgary and Vancouver), in key U.S. markets (New York, Houston) as well as in London, Beijing and Singapore. For more information about TMX Group, visit our website at www.tmx.com. Follow TMX Group on Twitter: @TMXGroup.

SOURCE Toronto Stock Exchange

Catherine Kee, Manager, Corporate Communications, TMX Group, 416-814-8834, [email protected]