To our Clients, Issuers, Partners and Stakeholders: We recognize that this is an unsettling time, as the coronavirus (COVID-19) situation is rapidly evolving around the globe and the markets have been incredibly volatile. We at Independent Trading Group are closely...read more
November 01, 2019, Toronto, ON – Independent Trading Group (ITG), Canada’s only brokerage firm dedicated specifically to professional trading, is excited to announce that Sean Debotte has been appointed as president and chief executive officer. Sean is a proven leader...read more
January 24, 2019, Toronto, ON – Independent Trading Group (ITG), Inc. is proud to welcome Derrick Reimer as Vice President, Issuer Services. Reimer will be responsible for managing relationships with public issuers to provide objective and focused market making and...read more
January 4, 2019, Toronto, ON – Independent Trading Group (ITG), Inc. is proud to welcome Jeff Gamble as Managing Director, Issuer Services. Gamble will be responsible for managing relationships with public issuers to provide objective and focused market making and...read more
The opportunity to serve Individuals’ and entrepreneurs’ participation in the stock market must be earned. And earning that opportunity begins by demonstrating to them that we respect their commons in the first place. To the benefit of us all, our children and our...read more
OUR TEAM OF EXPERTS
Sean Debotte, President & CEO
Sean has been a contributing member of the securities industry for the past 17 years and has held several roles within the industry, including as a proprietary trader, derivatives strategist, business development officer, and has served as the CEO of two Canadian equities marketplaces. He currently serves as the CEO of Independent Trading Group (ITG), a Toronto based IIROC broker/dealer focused on liquidity provision and DMA trading.
Dave Houlding, Chairman
Dave has held positions as a Senior Institutional Equity Trader and as a Registered Trader on the Floor of the TSX. He served as a Floor Governor until the floor closed in 1997. He joined ITG in 1997 as a Registered Trader and Managing Partner. He has served on the Equities Procedure Committee; the Trading Policy Committee; and as Vice Chair of the Market Making Advisory Committee.
Rob Russell, Partner
Rob worked as a Registered Trader for 25 years. When the Floor closed in 1997, Rob joined ITG as a Registered Trader and Managing Partner. Rob has been instrumental in developing the Firm’s Policies and Procedures, working closely with regulatory bodies and earning their trust and respect. Rob’s leadership and training to the ITG staff consistently results in high performance.
Nick Savona, Chief Compliance Officer
Nick has over 20 years of investment industry experience as an equity trader, chief compliance officer and adjudicator, including executive roles in sales and service at various firms, from traditional broker-dealers—large-scale and boutique—to electronic crossing networks with global reach. Nick is an advocate of intrapreneurship; his creation of a “Cross Border/Northbound” trading desk is but one example of the potential to build a business within a bank-owned dealer. At the same time, Nick contributed to the regulatory side of the industry as a member of IIROC’s Ontario District Hearing Panel from 2010-2019.
In 2017, Nick successfully transitioned his career to risk and compliance, becoming a Chief Compliance Officer and receiving several board appointments. He serves as a member of IIROC’s Ontario District Council, the OSC’s Market Structure Advisory Committee and the Montreal Exchange’s Disciplinary Committee. In 2020, Nick was appointed to the Financial Services Tribunal of Ontario, which adjudicates cases across financial services sectors.
Nick has been a guest contributor to the Financial Post, Traders Magazine and Markets Media on securities regulation and market structure issues. He has been a guest lecturer for Moody’s Analytics, and has written continuing education modules on best execution for IIROC registrants.
Nick holds an LL.M. from Osgoode Hall Law School with a specialty in Securities Law.
Jake Schonenberger, Chief Financial Officer
Jake is a Chartered Professional Accountant (CPA, CA) who began his career in public practice with KPMG LLP, where he specialized in financial services clients such as banks and IIROC broker/dealers. Prior to joining ITG, Jake was at DV Trading, an affiliate of ITG, and worked with the finance, treasury, risk, and operations teams focusing on internal management reporting. Jake brings a variety of skills and experience encompassing financial reporting, internal controls and SOX compliance, as well as financial analysis and due diligence.