Leading market structure expert joins Board, building on longstanding contribution to Quorum 15 industry forums
London, 2 November 2026: Quorum 15, the independent industry forum facilitating dialogue and collaboration on financial market structure, regulation and the evolving needs of institutional market participants, has appointed James Baugh, Managing Director and Head of European Market Structure at TD Securities, as a Non-Executive Director.
James brings nearly three decades of experience across European financial markets in senior roles spanning investment banking, exchanges and market infrastructure. His appointment builds on his long standing support and active participation in Quorum 15, where he serves as Moderator of Quorum 15’s European EquitiesTrading Forum (and a member of its Advisory Board).
James joined TD Execution Services (formerly TD Cowen) in 2021, playing a key role in developing its European liquidity strategy. Previously, he was European Head of Market Structure at Citi ,and spent 11 years at London Stock Exchange as Head of Equity Sales, where he was involved in the development of the alternative equities platform Turquoise.
Mike Burton, Founder and CEO of Quorum 15, said: "James has been an important part of the Quorum 15 community for many years. He brings an exceptional combination of market structure expertise, commercial experience and a genuine commitment to industry collaboration. His appointment is a natural progression of that relationship and strengthens our Board at a time when our industry faces increasing and complex challenges around market structure, regulation and technology.
Quorum 15's value lies in bringing the right people together to exchange perspectives, challenge thinking and help shape informed industry discussion. James understands that better than most, and we're delighted to welcome him to the Board."
James Baugh, Managing Director and Head of European Market Structure at TD Securities, said: “Having been involved with Quorum 15 for some time, I've seen first-hand the value of bringing experienced market participants together from across the industry for open, constructive discussion. The opportunity to exchange views across firms and different parts of the market, away from commercial agendas, is increasingly important.
"Markets are evolving rapidly and meaningful progress depends on collaboration and a shared understanding of the challenges and opportunities ahead. I'm delighted to join the Board and look forward to supporting Quorum 15's continued development and its contribution to the wider industry."
James's appointment further strengthens Quorum 15's industry leadership as it continues to facilitate cross-industry dialogue with senior market participants across equities, fixed income and foreign exchange trading and regulatory compliance, digital assets and artificial intelligence.
ENDS
Media enquiries:
tina.kane@therealizationgroup.com
mike.burton@quorum15.com
James brings nearly three decades of experience across European financial markets in senior roles spanning investment banking, exchanges and market infrastructure. His appointment builds on his long standing support and active participation in Quorum 15, where he serves as Moderator of Quorum 15’s European EquitiesTrading Forum (and a member of its Advisory Board).
James joined TD Execution Services (formerly TD Cowen) in 2021, playing a key role in developing its European liquidity strategy. Previously, he was European Head of Market Structure at Citi ,and spent 11 years at London Stock Exchange as Head of Equity Sales, where he was involved in the development of the alternative equities platform Turquoise.
Mike Burton, Founder and CEO of Quorum 15, said: "James has been an important part of the Quorum 15 community for many years. He brings an exceptional combination of market structure expertise, commercial experience and a genuine commitment to industry collaboration. His appointment is a natural progression of that relationship and strengthens our Board at a time when our industry faces increasing and complex challenges around market structure, regulation and technology.
Quorum 15's value lies in bringing the right people together to exchange perspectives, challenge thinking and help shape informed industry discussion. James understands that better than most, and we're delighted to welcome him to the Board."
James Baugh, Managing Director and Head of European Market Structure at TD Securities, said: “Having been involved with Quorum 15 for some time, I've seen first-hand the value of bringing experienced market participants together from across the industry for open, constructive discussion. The opportunity to exchange views across firms and different parts of the market, away from commercial agendas, is increasingly important.
"Markets are evolving rapidly and meaningful progress depends on collaboration and a shared understanding of the challenges and opportunities ahead. I'm delighted to join the Board and look forward to supporting Quorum 15's continued development and its contribution to the wider industry."
James's appointment further strengthens Quorum 15's industry leadership as it continues to facilitate cross-industry dialogue with senior market participants across equities, fixed income and foreign exchange trading and regulatory compliance, digital assets and artificial intelligence.
ENDS
Media enquiries:
tina.kane@therealizationgroup.com
mike.burton@quorum15.com
About Quorum 15
Quorum 15 is an independent financial markets industry forum that brings together senior buy-side and sell-side professionals, market infrastructure providers, regulators and other stakeholders to discuss the issues shaping global financial markets.
Through its specialist forums, Advisory Boards and wider industry engagement, Quorum 15 provides a trusted environment for confidential discussion, knowledge sharing and collaboration across market structure, regulation, technology and trading practices.
www.quorum15.com
Quorum 15 is an independent financial markets industry forum that brings together senior buy-side and sell-side professionals, market infrastructure providers, regulators and other stakeholders to discuss the issues shaping global financial markets.
Through its specialist forums, Advisory Boards and wider industry engagement, Quorum 15 provides a trusted environment for confidential discussion, knowledge sharing and collaboration across market structure, regulation, technology and trading practices.
www.quorum15.com