Tom Vales

Chairman and CEO

Thomas S. Vales, Chief Executive Officer for TMC Bonds (TMC), brings over 25 years of fixed income experience to the firm. In May of 2000, Mr. Vales started the company with backing from industry leaders including Citigroup, Merrill Lynch, Morgan Stanley, and Assured Guaranty. The company has grown to become a market leader for electronic bond trading with over 1000 firms participating on the live trading platform.TMC has evolved from its original municipal bond exchange into a robust marketplace for trading fixed income product. The firm currently offers Municipal, Corporate, MBS, and Agency bonds trading in addition to primary market Medium Term Notes and CD’s. TMC overlays its marketplace with software designed to assist both traders and brokers with the decision making process for buying and selling fixed income product. TMC also provides firms with a private label service enabling customization of broker desktops for advisor services.Prior to joining the firm, Mr. Vales spent ten years with Bankers Trust where he was a Managing Director of the Relative Value Arbitrage Group and Senior Manager of the Tax-Advantaged Arbitrage desk. From 1989 to 1996, he worked as a Vice President at BT Securities in municipal trading, sales, and derivatives. Mr. Vales graduated in 1986 from the University of Vermont with a Bachelor of Science degree in Business Administration.