Shared Borders, Shared Vision: STA’s Affiliation with the Canadian STA

June 2023

Shared Borders, Shared Vision:

STA’s Affiliation with the Canadian STA

By Ryan Kwiatkowski, StoneX

STA Chairman

Our affiliates are what make STA a true grassroots industry association. It is only through the partnerships we have with affiliate organizations, comprised of individual members across North America, that STA can accomplish its mission to educate and advocate for securities industry professionals.

Like STA, the Canadian STA (CSTA) represents an entire nation of securities industry professionals through its affiliate network. Formed in 2000, the CSTA serves as a united voice for its more than 850 members nationwide, led by Governors from from four affiliates: Toronto Institutional Equity Traders Association, Prairies Security Traders Association, Montreal Institutional Equity Traders Association and Vancouver Security Traders Association.

STA and the CSTA share a close relationship, one that is based on common goals, countless friendships and a mutual respect for each one's patriotism towards their country. Bonded together through historic collaboration on past market structure changes, these two organizations will remain connected so long as the financial services industry exists.

We are committed to fostering and improving communication and relations between the CSTA and STA members as issues facing our industry know no borders. North American markets are tightly connected and many of our respective members operate in both Canada and the U.S.

John Christofilos (AGF Management), CSTA President and

Karen Jardim (ATB Capital), CSTA Chair

While we are separated geographically by a national border, there is much overlap in our visions, and we find our partnership to be a meaningful alliance in addressing important topics on national and global market structure. Therefore, going forward, we are adding a dedicated column to our monthly newsletter titled, "Canadian STA Update." This column will offer U.S. readers a Canadian perspective on certain topics while also providing a platform for Canadian members to share relevant news and updates on events. Our goal is to deepen the relationship between the two organizations, and to continue our work on behalf of our members throughout North America.

We hope you enjoy the read!

Canadian STA Update

Annual Conference August 17-20

The CSTA looks forward to hosting both CSTA and STA members, guests, speakers and their families at the Kananaskis Mountain Lodge in the beautiful province of Alberta, Canada. U.S. speakers include Stephen Berte, BIDS Trading; Sapna Patel, Morgan Stanley; Larry Tabb, Bloomberg Intelligence. Registration is strong so please register as soon as possible. The CSTA would be happy to help with coordinating your attendance.

Visit CSTA Conference 2023.

The CSTA Trading Issues Committee

The CSTA Trading Issues Committee (TIC) is tasked with reviewing and preparing commentary for regulatory bodies on any market structure issues that arise in Canada on an ad hoc basis. The views that are expressed by the CSTA TIC are unique since they represent the general views of Equity Traders as a group. For more information on CSTA TIC, including archived letters, visit here.

90th Annual Market Structure Conference: The Next Era

Save the Date!

90th Annual Market Structure Conference

October 11-13

JW Marriott Washington DC

Online Registration & Room Block will be open Mid-July!

Visit Conference Page

Limited Number of 2023 STAR Conference Packages Available!

Learn More

Upcoming Affiliate Events

STANY Annual Meeting/Board Elections Happy Hour

July 12

Journey NYC

New York, NY

Details

MSDA Summer Conference

July 12-13

The Hotel Landing

Wayzata, MN

Details

STACT 2023 Crabshell Party

July 13

The Crabshell

Stamford, CT

Details

Affiliate Conferences and Events

STA Open Call

Congress and the SEC: Market Structure Crossroads

On Thursday, June 22, two House Financial Services Subcommittees held hearings on oversight of the SEC. Using these hearings as a partial backdrop, we identify a few equity market structure rule proposals that will have major implications for broker dealers and investors, both self-directed and institutional.

Presenter

Jesse Forster

Head of Equity Market Structure & Technology

Coalition Greenwich

Watch Now

Chairwomen of the Board:

Why Representation at the Highest Levels of Leadership Matters

By Inessa Ruffman, JonesTrading

STA WIF Chair

It's no secret that having women in senior leadership and board positions helps companies outperform. While there is still work to be done, the increase in women serving in senior roles serves as powerful validation of our mission to provide women in financial services the necessary resources and platform to succeed.

Changing the Face of Financial Services Interview Series: Robin Henrich

As we highlight the important work and impressive achievements of women in all areas of financial services, the STA Women in Finance Committee is pleased to continue this interview series.

Our latest edition features Robin Henrich, Head of Equity Trading at Hotchkis & Wiley where she focuses on best practices and efficiencies in trade surveillance. Prior to joining Eventus, Martina was head of Nasdaq’s MarketWatch surveillance team covering U.S. equity markets.

Taking Stock

2023 Summer Interns: Remember to Celebrate the Little Things

By: Jim Toes

President & CEO, STA

This STA article is dedicated to financial services interns in the United States and Canada, many of whom are starting their internships this week. Please forward to those interns working among us this summer!

Now that summer has begun, interns across all areas of our industry are entering the world of finance, many for the first time. To the intern class of 2023: you'll hear plenty of career advice over the next few months, but we're here to tell you to make the most of your internship. Make connections, reach out to those you admire, don't be afraid to ask questions, take note of what interests you, and what doesn't.

The Constancy of Our Nation's Flag

By: Jim Toes

President & CEO, STA

Tomorrow is Flag Day, an annual commemoration in the United States that holds a special significance. It pays tribute to our nation's flag — a powerful symbol of America and all it stands for.

While Flag Day traces its roots back to June 14, 1777, when the Second Continental Congress adopted the Stars and Stripes as the official flag of the United States, it wasn't until 1916 that it was designated a national day of observance. As tensions escalated leading into World War I, President Woodrow Wilson recognized a growing sense of patriotism and national identity within the United States. In an effort to unite the nation and promote a sense of pride in American symbols, President Wilson issued a proclamation designating June 14 as Flag Day.