Location, Location

Pre-TSE era
The Old Floor

Sunita's 2007 TSX Traders Christmas Party at Casey's

Here are some pics taken at Sunita's Christmas Party. Please help us identify some of these people by posting a COMMENT below.

1. In this picture: Chris Leandro, Sunita Reddy, Mike Noonan
2. In this picture: Pat Serrao, Sunita Reddy, Barb Kovell
3. In this picture: Sunita Reddy, Prem Ramaswami
4. In this picture: Jim Barr, Rico Mashregi
5. In this picture: Jim Barr, Dave Unger
6. In this picture: Sunita Reddy, Paul Gibson
7. In this picture: Constance Lo, Greg Branscombe
8. In this picture: John Aiken, Dave Munroe
9. In this picture: Mark Grimes, Paul Gibson
10. In this picture: Pat Serrao
11. In this picture: Pat Serrao, Barb Kovell, Francine Villanti Benn, Joe Cavanaugh

Honourary Trader

Freddie from the Cork Room

Featuring Next Week...

The Archive will NOT be updated next week as Simone will be on vacation until Dec 24th. Merry Christmas everyone! Stay tuned for updates after Christmas.

It's Christmas Time!

'Tis the season for winter sports

In this picture: Max Morrison, Herb Goodchild, Bill Bigwood
Broomball Team in uniform
Broomball Team off season

It's Christmas Time!

Christmas Parties at the TSE

In this picture: Late Uncle Bobby
In this picture: Dave James, Sam Gray
In this picture: Anne Welch, Erica Welch, Ken McIntosh, Jim Ackers

It's Christmas Time!

Jim Ackers as a baby (Trad'n Post 1972 Christmas Edition)
Jim Ackers acting as a baby (TSE Christmas Party 1982)

It's Christmas Time!

TSE Christmas Dinner 1990

In this picture: Ted Norris, John Huckstep, Jim Webster

In this picture: Len Petrillo, Joe Pope, Fred Ketchen, John Huckstep

It's Christmas Time!

Salvation Army Band Playing at the TSE during Christmas in the 50s

Featuring Next Week...

Christmas pictures! Send in your Christmas-related pictures or stories to ken_rathgeber@scotiacapital.com today.

Women on the Trade Floor

In this picture: Louanne Bown (nee Taylor), Colin O'Handley

Women on the Trade Floor

In this picture: Len Webb, Sheila Barry, Cam Jones, Jim Webster

Women on the Trade Floor

In this picture: Sue Shanake

Obituary: ROY LEWER

LEWER, Roy Barry - Passed away at Royal Victoria Hospital, Barrie, on Tuesday, November 13, 2007, after a courageous battle with cancer. Roy Lewer, of Barrie, in his 74th year. Beloved husband of Gloria (nee Evans) for over 30 years. Loving father of Judy Aldridge and Christopher Lewer (Dianne). Step-dad of Gregory Vincent (Joanne) and Donna Vincent. Cherished grandfather of three wonderful grandchildren. Brother of Elsie Babiuk and Phil Rody. Predeceased by brother Edward Lewer. Roy will be sadly missed by his large circle of friends and many nieces and nephews. Friends may call at the STECKLEY-GOODERHAM FUNERAL HOMES (Clapperton and Worsley Streets), Barrie on Saturday, November 24, 2007 from 3-5 p.m. for a memorial gathering. In lieu of flowers memorial donations to the Royal Victoria Hospital's Regional Cancer Care Centre would be greatly appreciated by the family. Condolences may be forwarded through www.steckleygooderham.com

Women on the Trade Floor

In this picture: Laurie Hamer, Neil Walker

SUNITA REDDY'S TSE TRADER'S CHRISTMAS PARTY

The TSE Traders Archive has been requested to post the following:

Date: Thursday December 20th
Time: 4:30 PM
Place: Casey’s on Front Street

Come on out and have a drink to celebrate the holidays and get together with some old faces.

If you have any questions concerning this event, please contact Sunita Reddy aka Juice Queen at reddysunita@hotmail.com, or at 416-646-5252.

Women on the Trade Floor

In this picture: Lori, Gary Eamon, Larry Hoes

Memories of the TSE Floor

Help us identify these people by posting a COMMENT below.
Click on picture to enlarge.

In this picture:

Taking a Break

In this picture: Frank Gradini

A Happy Day for Don

In these pictures: Don Bainbridge

Bay Street Calling

In this combined picture: Dave Sears, Mike Binns, Mike Morrison

Laugh of the Day

Stock market comic strips from the Great Depression era:

Memories of the TSE Floor

Help us identify these people by posting a COMMENT below.
Click on picture to enlarge.

In this picture:

Floor Tickets

I know this will seem very obvious to the traders that were actually on the floor but for posterity I thought that it would be a good idea to explain the ticketing process.

Swish, thanks for sending me the actual floor tickets.

Traders carried a “trading book” that contained all of their outstanding orders and trading tickets that were used to legally bind a trade.

The tickets came in pad form with three per page. Each ticket was made up of three parts.

Once the details of trade had been verbally agreed to by the selling broker and the buying broker the following occurred:

1. The seller made out the ticket with all the trade information. In this case Broker #90 (First Canada Securities) is selling 100 shares of BCE (BCE INC) to Broker #85 (Scotia Capital)
2. The seller initialed the trade ticket on the bottom right and marked whether the trade was for a Non-Client (N) which was an employee of the firm or a for a firm inventory account. Alternatively, the trade could have been for a Registered Trader (RT) with an identifier mark that identifies the particular Registered Trader. Tickets that were left blank in this area were for clients. In this case the seller was acting on behalf of a client.
3. The seller then separated the three part auto transfer ticket, keeping the last part for his/her records.
4. The buyer then reviewed the details on the ticket. If the details on the ticket matched what had been verbally agreed to, the trader for #85 would then initial the ticket on the top. In this case the buyer “K” is identified as the Registered Trader.
5. The buyer would then separate the two remaining copies, keeping the second copy for his/her records.
6. The buyer would then pass the top copy (official trade details) to a TSE post clerk who would timestamp the ticket.
7. The ticket would then be passed to a TSE input operator who would then keypunch the information into the TSE system which in turn would post the trade to the ticker.

Trade disputes…very few, but if there was a dispute the original ticket was retrieved. A Floor Governor (member of the Floor Procedure Committee) and a Floor Official would review the floor ticket and compare the initials on the ticket to a record copy of initials. From that review a “ruling” was made as to whether the trade was legitimate or not.

Editorial on the TSE Traders Archive

The TSE Traders Archive has now been running with daily postings since late July and we have had a good deal of praise from all over the country. I would like to thank a number of people for their assistance. Simone Lau, a U.S trader on my desk, who is responsible for the actual creation, day-to-day posts, scanning and design of the Archive. In other words, the hard part. John Manna has been an invaluable contributor. Fred Ketchen, at 70, can still remember a lot of the names from some of the oldest pictures. I would like to particularly thank the individuals that sent me their pictures or profiles.

The reason why Simone and I started the Archive was because we were seeing the TSE Floor Trader’s history starting to disappear. People were losing touch with each other and even worse, people were passing away. Once we started the Archive, we have been constantly surprised to find out that many traders/post clerks/phone clerks and customer service staff don’t even have a picture of themselves on the Floors. Our intention, if we are successful, is to receive enough information/pictures/profiles and stories to publish something for everyone as a memento.

We have been in contact with lots of individuals and have been promised lots of information. It has been like pulling teeth. Promises are late in coming. Please share your information with us and the rest of the street. Mail your items to my address listed on the Archive (on the right panel) and we will return the originals to you.

I would also ask that you pass on the Archive link to your contacts. We know that there is a large population of traders that don’t even know about the site yet.

Trading Jackets

While most of the trading jackets were boring plain colours, Gordon Capital and ScotiaMcLeod (McLeod Young Weir) used their Scottish tartans to identify their traders.

The trading jackets served a useful purpose since it was necessary to quickly identify traders from specific firms. The easier it was to find a trader, the more trades that trader usually made. The McLeod tartan was certainly the easiest to spot.

Here is Ken Rathgeber suited for action in his McLeod tartan jacket. Ken shrewdly pointed out to senior management that he thought getting the McLeod tartan jackets would be good idea. He neglected to tell them that the McLeod clan tartan was his maternal clan.

Ken is holding his trading book containing all of his active orders, and trade tickets. You can also see where he has his trading badge pinned just above his breast pocket. The breast pocket is stuffed with completed trade tickets that will be given to his phone clerk once he returns to the booth for more orders.

Trading Badges

The trading badge used at 234 Bay Street was a simple circular button with your firm name.

After May 9th 1983, a Photo ID was required.

This copy includes:

1. The name of the firm (McLeod)
2. The trading number of the firm (85)
3. The identity of the trader (Ken Rathgeber)
4. A picture of the trader (before he put on 60 pounds)
5. The pink circle indicates that the trader is licensed as a futures trader
6. The yellow circle indicates the trader is a licensed as an options trader
7. The white circle indicates the trader is licensed as an equity trader
8. The RT inserted in the white circle indicates the trader is a Registered Trader (Pro)
9. The blue strip indicates that the trader is a Floor Governor and can make “rulings” on the floor by his interpretation of the rules (Governors also arbitrated trade disputes)
10. Missing from this badge is a gold strip. The gold strip would indicate the trader as a Member seat holder.

Time for a Rally

In this picture: Bruce Caulker, Kevin Thomsen, Marty Whittenbols, Scotty Douglas

Busy at Work

1. In this picture: Barney Donahey, Rob Russell
2. In this picture: Serge Dillon, Iain Davies, Dave Bond, Mike Accera

Busy at Work

Help us identify these people by posting a COMMENT below.

1. In this picture: Dave Sears, Bernie Shapiro
2. In this picture: Steve Welsh, Dave Bond, Scott Douglas

Busy at Work

Help us identify these people by posting a COMMENT below.

1. In this picture: Mike Ferguson, Sue Vader
2. In this picture: Tony Mcfarlane
3. In this picture: Cliff "Cool" Jones, Tom Popowich

Busy at Work

Help us identify these people by posting a COMMENT below.

1. In this picture: Dave "Arnold" Farr, Peter "Scooter" Bowers
2. In this picture: Rob Russell, Bob Christie, Doug Christie
3. In this picture: Norm Rogers, Mike Binns, Barney Donahue, Chuck Faultless, Gordie Bellchambers

Busy at Work

Help us identify these people by posting a COMMENT below.

1. In this picture:
2. In this picture: Scott Douglas, Iain Davies, Brian McConnell, Herman Zander
3. In this picture:

Featuring Next Week...

We will be running a segment titled "Busy at Work" at the TSE Traders Archive.

Send us your work photos or stories!

The Exchange on the Move - May 9, 1983

TSE Senior Floor Staff

In this picture: John Peirson, Laurie Lee, Huntley McKay, John Kolosky, Jack Crumb, Tim Barber

The Exchange on the Move - May 9, 1983

TSE Floor Procedure Committee dressed for the parade from the old exchange at 2345 Bay Street to the new premises in the Exchange Tower in 1983.

In this picture: Bill Pirie, George Chisholm, Bob Beggs, Jim Duggan, Gary O'Connell, Harold Mayne, Jim Dempsey, Jim Taugher, Don Bainbridge, Tom Milligan, Bill Barry, Doug Mowatt

The Exchange on the Move - May 9, 1983

Help us identify these people by posting a COMMENT below.

In this picture: Bill Pirie, Gary O'Connell, Tom Milligan, Bob Beggs, Doug Mowatt,Jim Taugher, Al Hawkins, Tom Carley, Tim Barber, John Peirson, Frank Pike, Bob Govan

The Exchange on the Move - May 9, 1983

Two of the Exchange's oldest traders, Harry Abbey and Harold Dawson, conducted the first trade on the new floor - 100 shares of Bell Canada - signalling the official opening of the floor.


- Courtesy of Toronto magazine

Featuring Next Week...

Memories of the Exchange moving to its new quarters on May 9, 1983.

Any stories or pictures would be greatly appreciated. Please email Ken_Rathgeber@scotiacapital.com

Profile of FRED ROSE (the Policeman)

Fred was the most senior and powerful trading official ever employed by the TSE. He reigned supreme from 1966 to 1982. He was often referred to as the "Policeman".

He had absolute discretion. His word was law on the trading floor. His decisions were final, binding and non-appealable. The only officials that have such authority today are the umpires in baseball - you're right even when you're wrong.

Fred passed away peacefully on October 15, 2001 and is tremendously missed by everyone.

Memories of the TSE Floor

Help us identify these people by posting a COMMENT below.
Click on picture to enlarge.

In this picture: Jack Lauder, George Brymer, Roger McGhie, Bill Bigwood, Bill Crabtree, George Hankey, A. Sime, Jim Sayer, M. Koturbash, Hori Carter, George Adams, Vic May, Bill DaCosta

Photo by Turofsky, Alexandra Studio

TSE Traders Archive Surpasses 5000 Hits!

The TSE Traders Archive has surpassed 5000 hits since the beginning of August!

To all loyal readers, Ken will buy lunch for those who contribute material within the next week (just kidding). But we do require material so please send us your stuff!

Bay Street Maven

Here is a good shot of Don Bainbridge. Please let us know if you would like to contribute to the TSE Traders Archive by e-mailing us his profile.

Profile of PEARCE BUNTING (aka The President)

Pearce was (and still is) the longest serving President of the Toronto Stock Exchange. His legacy is that he is the "father of CATS - Computerized Assisted Trading System". In the mid- 1970's, a time when we still had spittoons on the trading floor and elevators had operators, Pearce was thinking of a computerized trading system. CATS went live in 1977 and the TSE had an enormous lead on the whole world. When the floor closed in 1997, the CATS system was used and still leading in technology - a strong indication of how good the system really was. The CATS engine was eventually replaced in 2001. This man was a true innovator.

October 19, 1987 - Black Monday

Pearce Bunting, President of the TSE in 1987, reflects on market events of 1987 in the TSE's annual report.

Roy Coon taking a break


What are your memories of that day? Post a COMMENT below.

Remember These?

Memories of the TSE Floor

Help us identify these people by posting a COMMENT below.
Click on picture to enlarge.

In this picture: Tony Torella, Len Andrews, Frank Collins, Homer Dunn, George Adams

Laugh of the Day

Profile of DON CLARKSON

Don began his 43 year career with what started as a summer job at Bongard & Co. in 1950. His first job was to chalk up stock prices on the board in the office which he got from the ticket tape, and every hour he picked up floor tickets from the TSE trading floor. When he was 21, he passed the traders test and became Bongard’s spare trader. Hugh Barker was head trader and Don’s job was to relieve the regular traders for lunch breaks and holidays, including Roy Pollard, Ken Cannon, & Mike Henry.

After 14 years, Don moved to J.B. White to trade with Peter Conacher and Jim Bagshaw, then to Burgess Graham where he became a Registered Trader with stocks on post 7. Some of the pro traders around that post at that time were Jack Hardy, Doug Mowatt, Hugh Nickle, and Cliff Jones. Don was one of the first R.T.’s to go into CATS for what was to be a one year experiment. Remember the CATS corner? Just before the trading floor at 234 Bay was closed for the move to the Exchange Tower, Don accepted a position with the TSE surveillance department and moved up to become a TSE Director until he took early retirement in 1993 (Randy Reynolds took over his stocks). Always involved in community service in his spare time, he was a governor of Sheridan College, and a governor of Oakville Hospital. After retiring, Don moved to Penetanguishene on Georgian Bay and took up sailing, Traditional Sailing. He has sailed, as a crew member, in a number of tall ships on voyages around the Great Lakes.

Life on Bay

Remember life on Bay?
It just seems like yesterday
The chalkdust in your hair
And the paper in the air
The heavy metal doors
And the scuffed up tile floors
Where everything was worn
Before most of us were born
But it had a certain feel
It was solid, it was real
You could work a post alone
On the move and on the phone
The digit counters click
As you'd add another tick
You could walk around the post
And not see a single MOST
Grab and stamp a ticket
Then stuff the tube and stick it
That's when work was fun
Cause it kept you on the run
And the food down in the caf
Was so bad you had to laugh
But the girls there were alright
Even though they looked a sight
And they served you pretty quick
And I never once got sick
From the peanut butter toast
That I snuck back to the post
Or the special of the day
What it was, I couldn't say
How about smoking by the stairs?
Twenty people, seven chairs
Or getting on the floor
By just walking through the door
The security was there
But for us they didn't care
No sirens and no hooters
No malfunctioning computers
You could check out your positions
And the odd lot/terms conditions
Without pushing through a hoard
You just looked up at the board
And if you felt you needed air
Well, the front door was right there
You could go out for a drink
Without raising a stink
The Corkroom down the street
Was the place for us to meet
It had an atmosphere
That you can't find around here
And the prices were OK
For my meagre Postie pay
Yeah, that bar belonged to us
With no pretense and no fuss
If you had a thirst to slake
You could go there on your break
I remember life on Bay
And I've got something to say
I didn't work there long
But I think leaving was wrong
I mean, sure, the place was old
But at least it wasn't cold
And now it's standing there
empty, dark and bare
A reminder of old days
And a different set of ways
The plaster's cracked and stained
The entrance locked and chained
No more crowding by the door
At lunch time and at four
Now all of that is gone
And the TSE goes on
But Bay Street was a friend
I was sad to see it end
But as I sit and reminisce
About this place I really miss
I realize that it can't fall
It lives within us, one and all

- Written by Peter Norville

Memories of the TSE Floor

Help us identify these people by posting a COMMENT below.
Click on picture to enlarge.


In this picture: Dave Turner

Profile of ROY HILL

As a young immigrant newly arrived from Ireland, I landed my first job as manager, Contracts Department, at Wood Gundy on May 8th, 1957. I soon moved into trading and as Gundy was then a bond house and didn’t have a stock exchange seat, we jitneyed our orders through Wills, Bickle.

I managed the equity trading dept. until 1977, at which time I switched to sales and established Gundy’s branch in Markham. During my tenure on trading I saw the Dow break the 1,000 level for the first time. I was trading at the time of President Kennedy’s assassination. I remember well the Kidd Creek discovery and many other exciting events. News and rumors traveled fast in those days and I’m not sure that modern technology has made the rumor mill any faster.

I joined A.E. Ames in 1978 in sales but was unaware they were already on a slippery slope. I was a lousy salesman anyway and I yearned to be back in a trading environment. I took a job with Bob Rose at Merit Investment and traded on the floor as well as CATS. I remained there until 1985 when I joined the TSE’s Market Surveillance working with Neil Winchester. In 1991, The OSC transferred COATS to the TSE and it was renamed Canadian Dealing Network. (“CDN”) Nobody wanted the job of managing CDN and as the saying goes, “fools rush in”. The over-the–counter market and CDN experienced exponential growth in the next nine years and it was like holding a tiger by the tail.

I retired in February 1999 after 42 years in the industry and if asked if I would do it again the answer is - “in a heartbeat”. I have lived through interesting times and worked with the greatest group of people. Retirement is good. I live in the London area now and keep active in various organizations. I enjoy playing banjo and guitar with my Dixieland and swing music groups as well as performing solo at banjo conventions throughout the USA.

Laugh of the Day

Click to enlarge

The Barbies

Also known as the External Communication department of the Exchange, 1985.

For left to right (bottom to top): Mary Revell, Jillian Clegg, Bettianne Henchey, Susan Hendrick, Roberta Wilton, Krys Jawlosewicz, Sharon Ofiara
Absent: Karlene Nation

Photographer Rudy von Tiedemann, at the request of the REVIEW magazine.

Camaraderie

Rick Craig & Jim Bagshaw
Ken Rathgeber & Fred Ketchen
Owen Ritchie, Bob Point, Barb Kovell









Send us pictures of you & your friends!

The King of Bay Street

Here is a good article of Fred's 50th year on Bay Street:

The King of Bay Street
50 years and Fred Ketchen is still going strong

Sunday, September 16, 2007

BY LINDA LEATHERDALE, BUSINESS EDITOR, TORONTO SUN

In a Bay Street minute--Fred Ketchen has seen it all.
From meltdowns to mergers, to striking it rich, losing fortunes, and even suicide.

"I remember walking down Bay Street, seeing a commotion, and then a body lying on the sidewalk," Ketchen said. "Some poor broker jumped."

Working on Bay Street is not for the faint of heart.

But despite the stresses, there are many highs and Ketchen, 72, couldn't envision his life anywhere else.

In fact, if this stock market guru was to die, he wouldn't choose heaven or hell. He'd choose to come back and do it all over again. On Bay Street.

It was 50 years ago today, on Sept. 16, 1957, that a 22-year-old from Port Credit, with huge ambitions, joined brokerage firm McLeod Young Weir & Co. There he was, his adrenalin pumping, making trades on the floor of the old Toronto Stock Exchange building at 234 Bay Street, now the Design Exchange.

He knew the building well. His father, Mansell, was vice-president of administration at the TSE from 1927 to 1965. Back then, there was Saturday morning trading. Ketchen remembers tagging along with dad and waiting for him in the Member's Lounge.

"There were beautiful chesterfields, posh rugs and a big radio," Ketchen recalls. "And I thought, this is where I should be."

But Ketchen, who bought his first shares at age 14, didn't set out to be a broker. When he graduated from Port Credit High in 1954, he headed off to Ottawa to study journalism at Carleton. There were six children in the Ketchen household and money was tight. So, after a year he headed home and pounded the pavement for a job.

He landed one, as a young reporter for the Toronto bureau of the Wall Street Journal/Dow Jones. Only problem was, the pay was miserable. "I made $27 a week, and was told if I did a good job, I'd get a raise after a year," he said. Ketchen was praised for his work, but it took six months to get a raise, and when he got, it was a disappointing $27.50 a week.

He quit.

McLeod Young Weir is where he would make his mark and money.

For five years, he was on the trading floor, where he'd proudly wear his McLeod tartan jacket. "It was a fascinating place to be," he said. It was sad day, when the trading floor -- which later moved to the Exchange Tower -- closed for good in the late 1990s, when electronic trading took over..

After five years, Ketchen moved to the trading desk at McLeod Young Weir, and he worked hard on building wealth for his clients. He even reached for the stars, when in a bold move, he solicited Elizabeth Taylor when she was visiting Toronto.

"I sent a letter to her hotel room telling her how I could make her money grow," he said. He never heard back.

Ketchen helped break a code of silence on Bay Street, which would drive business journalists on deadline mad, and which led to Ketchen becoming a media darling.

It was in the early 80s, interest rates were going skyrocketing, and Ron Adams of CBC Radio (now 680 News) wanted comments from Ketchen. So, off Ketchen trotted, into chairman's Austin Taylor's office and asked, "Well, can I?"

Taylor trusted Ketchen. And Ketchen was good at convincing that Bay Street needed to get out of the ivory towers and meet with Main Street.

In 1988, McLeod Young Weir was swallowed up by Scotiabank in a flurry of brokerage takeovers by the big banks. Ketchen was made a senior v-p of the newly-formed ScotiaMcLeod, as well as director of equity trading -- and his new playground was the trading floor on the 65th floor at Scotia Plaza.

In 1989, he was elected a governor of the TSE (now the TSX), then served as vice-chairman and chairman. Dad, who passed in the mid-1980s, would be proud.

Meanwhile, you couldn't turn on a radio or TV, without hearing from Ketchen..

None of this celebrity status, though, has gone to his head. Neath the starched shirts and impeccable suits, some made by Don Cherry's tailor, is a modest and charitable man.

I know. My daughter Skye can't thank him enough for his generous support of her fundraising efforts for cancer research. His charitable projects are many, but closest to his heart is the Trillium Health Centre, which saved his life. He had two heart attacks in 1991, then was back at the centre this past May. Another angioplasty and two more stents, and Ketchen feels like "a brand new man."

It's been 50 years of setting the alarm clock for 5 a.m., driving the QEW, arriving at his desk at 7 a.m., and working 12-hour days -- so will Ketchen ever slow down?

"One day I may retire, but not yet," he said.

Meanwhile, the legacy of Ketchen and stocks lives on, with his daughter Sherilyn, now on maternity leave, working with him at ScotiaMcLeod.

- Photo courtesy of Fred Ketchen, 1984
- Article courtesy of Linda Leatherdale at the Toronto Sun

Profile of SAM BIANCO

I started at the Toronto Futures Exchange in 1985 as an Independent Trader. Later I started doing jitney trades for Scotia Capital. In 1989, I interviewed with Dean Wells at Scotia and was hired for options and futures trading. Still here, only a little crazier, because I sit next to Fred Ketchen.

"Do I miss the floor? Every damn day."

TSE Trivia: Dividend-Paying Companies

The following TSE-listed companies have been paying dividends for over 100 years:

Bank of Montreal since 1829

Bank of Nova Scotia since 1833

Toronto Dominion Bank since 1857

CIBC since 1868

Royal Bank since 1870

Laurentian Bank since 1871

Bell Canada since 1881

- Courtesy of John Manna

Take Me to the Ballgame

Here is a picture of the TSE Old-Timers "Originals" baseball team which played against the "Young Guns" one summer afternoon on Centre Island sometime in the early eighties. This was supposed to be an annual event but turned out to be a "one-time wonder" because the "Originals" won and the "Young Guns" were left shaking in their cleats, afraid to take us on again.

In this picture: Ted England, Dave Luke, Peter Paulson, Bob Dunbar, Scott Zeufelt,Peter Morrison, Stevie Welch, Carl Christie, Peter, Clarence Hunter, John Newell, Gary


Help us identify the rest of these people by posting a comment below.

Time Out!

Mark Houghton did not attend the Originals v. Guns game but likes baseball nonetheless.

Profile of LUCY DILLON

My first real job was on 234 Bay Street at the old Toronto Stock Exchange. I started in October of '72 as a Ticket Handler. Then I was in the Teller Register Dept. for a short time, and eventually became an input operator. I was also a post clerk before joining the CATS team, which is now called Trading Services.

During my 30+ years at the TSX (I started very early in life!), I have witnessed several momentous market events and changes at the Exchange. The most memorable was the Black Monday Crash in October 1987.

Profile of VIC CIAMPINI

I began working at the TSE in July 1985 as an input operator/post clerk on Post 8. My intention had been to work for a year before “going back to school”. Well, as with many of us in this business, “back to school” never materialized !! The opportunities for advancement and pay increase were pretty good for a 20 year old kid, and by 1990 I had become a Post Supervisor. In March 1990 I left the TSE to pursue a career in music, which didn’t pay the bills very well, and I came back to the TSE in 1993, and have remained ever since.

Since 1993 I have had the opportunity to work in many areas at the TSE/TSX, including the trading floor again, the CATS Testing/Training Department, and Trading Services. While in the Training Dept. I worked with many floor traders in obtaining their CATS licenses, and preparing for the electronic trading environment after floor closure. I also trained many traders on the Torex trading terminals, that were the next step up from the old “color coded” CATS terminals that some of you will fondly remember! Currently I am the Manager of Market Quality, which involves interaction with many areas of the business, and different types of traders. Much of my time involves close interaction with the Market Making (RT) community. I also provided assistance with Wide Distributions, Special Transactions, and assistance with TSX Rules and Policies both internally and externally.

Although I never had the opportunity to work on the old floor on Bay Street, I was able to experience many years on the new floor, and it had to be some of the best times I’ve had in my working life. What I remember most was the comraderie, and unique floor humour that helped everyone deal with any stresses of the market. I worked directly with some great traders and post staff, and it’s always fun speaking with those of us still in the business.