CHICAGO (HedgeWorld.com)–Holly Liss and Philip Ruffat have joined the sales team for Citigroup in its Chicago institutional futures office.

The Chicago sales office now totals 50 employees with a diverse client base that now is more focused on forging prime brokerage relationships with hedge funds after working with a number of hedge funds that use futures. Officials there are also actively developing a cross-netting product that would help attract hedge fund clients.

Ms. Liss has been in the industry since 1987 and has maintained a focus on interest rate options strategies. She is a chartered market technician and has provided market commentary on a regular basis to CNBC, CNN, Bloomberg, TV Tokyo and Reuters.

Mr. Ruffat has worked with stock index futures but recently has been focusing on option-related strategies in the long end of the U.S. interest rate curve.

Before joining Citigroup, both Ms. Liss and Mr. Ruffat worked in the Chicago office of Mizuho Securities.

CFaille@HedgeWorld.com