IMC is a Designated Market Maker (DMM) on the New York Stock Exchange, providing liquidity in over 600 NYSE listed securities.
DMMs perform a critical role in facilitating price discovery during market openings, closings and during periods of imbalance or volatility. DMMs have obligations to maintain fair and orderly markets at all times and under all circumstances. As a result, DMMs are integral to dampening volatility and providing liquidity.
IMC combines deep expertise in floor-based trading and electronic market making, with advanced technology, robust risk management and significant capital commitment. We consistently deploy that capability to serve issuers and market participants with superior pricing, enhanced liquidity and reliability.
IMC is willing and ready to make a market at all times by committing substantial capital as a DMM. This process lowers transaction costs for market participants.
IMC's DMM team has been together for over 15 years. We continually strive to attract and retain talented, highly-qualified and team-focused individuals who are committed to providing exceptional service.
Don is the Head of NYSE DMM Floor Operations at IMC and is responsible for the operation and risk management of the DMM business. Don graduated from Gettysburg College with a B.S. in Economics and Business Management and began his career in 1992. He became a Member of the Exchange in 1996 and was promoted to Head of NYSE DMM Floor Operations in 2003. Don serves as a NYSE Floor Governor and has his Series 7 (Registered Representative) and Series 24 (General Securities Principal) licenses.
Tom is the Head of NYSE DMM Corporate Relations at IMC and is responsible for maintaining relationships with the firm’s 600 NYSE-listed issuers. In addition, he is responsible for new business development. Prior to joining the DMM business in 2000, Tom held positions in banking and investor relations and is a member of the National Investor Relations Institute. Tom earned a B.S. in Finance from Seton Hall University and an M.B.A. in International Business from Fairleigh Dickinson University.