Horizons Names Head of Capital Markets

April 10, 2013 (PLANSPONSOR.com) – Horizons ETFs Management (USA) LLC named Joe Cunningham executive vice president and head of Capital Markets.

Cunningham will oversee all market-making and capital-market trading relationships for Horizons USA, a subsidiary of Mirae Asset Global Investments Co., Ltd. (MAGI), and assist with institutional distribution.

Cunningham is an investment industry executive with nearly two decades of experience in product and business development, strategic relationships management and the implementation of trading models for global equities and derivatives markets. Previously, he served as director of Institutional ETF Order Flow and national account manager at ProShares. Prior to that, Cunningham was vice president of Louis Capital Markets, where he helped to successfully launch the firm’s Algorithmic Trading platform.

“We’re really excited to bring Joe onto the team. His depth of experience in working closely with market makers and institutional investors will provide significant advantages in helping to bring these innovative, covered call ETFs (exchange traded funds) to investors in the United States,” said Howard Atkinson, managing director of Horizons ETFs Management (USA) LLC and the global head of Sales and Marketing for MAGI’s ETF business.