Assuming leadership of NASDAQ Canada will be Adam Nunes, director of strategy for NASDAQ Transaction Services. Mr. Nunes, who is based in New York, will retain his current responsibilities and continue to report to Chris Concannon, Executive Vice President of NASDAQ Transaction Services.
“We are grateful for Helen's leadership and contributions over the last three years. The Canadian securities market is important to NASDAQ and we will continue our efforts under the able leadership of Adam Nunes,” commented Concannon. He continued, “Our focus in Canada is on the broker-dealer market and Adam's deep knowledge of market structure make him a natural choice to lead our efforts.”
Ms. Kearns has overseen key initiatives including the expansion of direct access trading to the NASDAQ Stock Market. In November, the British Columbia Securities Commission (BCSC) approved NASDAQ Canada's proposal for direct access to NASDAQ trading for investment dealers based in British Columbia.
Mr. Nunes joined NASDAQ in 2000 and has held positions it its Economic Research and Transactions areas. In his current role, h e is responsible for developing policy initiatives, product enhancements and pricing for NASDAQ's transaction products, as well as for strategy related to market structure issues. Prior to joining NASDAQ, Nunes worked as a research analyst at Economists Incorporated, an economic consulting firm based in Washington, D.C. He received his BBA in Finance from George Washington University. Nunes has spoken on market structure and trading issues before numerous academic and industry forums.
NASDAQ is the largest U.S. electronic stock market. With approximately 3,300 companies, it lists more companies and, on average, trades more shares per day than any other U.S. market. It is home to category-defining companies that are leaders across all areas of business including technology, retail, communications, financial services, transportation, media and biotechnology. NASDAQ is the primary market for trading NASDAQ-listed stocks. Approximately 51% of NASDAQ-listed shares traded are reported to NASDAQ systems. For more information about NASDAQ, visit the NASDAQ Web site at http://www.nasdaq.com or the NASDAQ Newsroom at http://www.nasdaqnews.com/
