Jos Schmitt of NEO Exchange is part of this year's Wealth Professional Canada's Host List.
NEO Exchange
Starting your own stock exchange is a daunting prospect, but Jos Schmitt never wavered in his believe that Canadian investors were not being best served by the status quo. The NEO Exchange launched in 2015, and two years in, Schmitt’s brainchild is really starting to take shape. BlackRock and Invesco were the first industry giants to dip their toes in the NEO pool, and BMO and Redwood Asset Management have since followed suit. The most recent addition was the Mackenzie Global High Yield Fixed Income ETF, which brought the total listings on the exchange to 14.
Starting your own stock exchange is a daunting prospect, but Jos Schmitt never wavered in his believe that Canadian investors were not being best served by the status quo. The NEO Exchange launched in 2015, and two years in, Schmitt’s brainchild is really starting to take shape. BlackRock and Invesco were the first industry giants to dip their toes in the NEO pool, and BMO and Redwood Asset Management have since followed suit. The most recent addition was the Mackenzie Global High Yield Fixed Income ETF, which brought the total listings on the exchange to 14.
