Fidelity Clearing Canada, a provider of clearing, custody and back-office support services to Canada-based brokerage firms, has named Todd Roadman as its chief executive officer.

Roadman, a 13-year-veteran of the brokerage industry, will officially assume his new role once all regulatory prerequisites have been satisfied.

Since the launch of the business in September of 2009, Fidelity Clearing Canada has established relationships with 20 Canadian broker-dealers.

“With three new client conversions in the last quarter alone, and several additional implementations planned through the remainder of the year, this is an exciting time to be a part of the Fidelity Clearing Canada business,” said Roadman.