President and CEO
During his tenure as head of the NEO Exchange, Jos Schmitt has grown it into a true alternative exchange in Canada. NEO now facilitates almost 15% of the trading volume across all Canadian-listed securities and currently has 25 corporate listings, up from 15 at the end of 2019. It’s also been a key player in the global SPAC craze – 10 SPACs have listed on NEO, raising more than US$2 billion, including the largest SPAC in Canadian history.
NEO has also been instrumental in the growth of the ETF industry – it is home to nearly 10% of all Canadian ETF listings and routinely facilities 20% of all ETF trading volume in Canada. NEO has also surpassed $1.5 billion in assets raised via platform-traded funds across 85 tickers, enabling mutual funds and private OM funds to be purchased and redeemed the same way as ETFs