NEW YORK (HedgeWorld.com)–Ernest Rouse and Eric Hummel will join Refco Group Ltd. to market its online foreign exchange clearing and trading capabilities to institutional traders such as hedge funds.
Both will be responsible for increasing the distribution of Refco’s FX online, FX Clear and Refco FX ProTrader. The FX ProTrader platform was introduced to hedge funds late last year ?see ?
“Ernst and Eric each bring a wealth of experience to our expansion game plan, said Daniel Conte, global head of E-FX Institutional Sales and Marketing, Refco Capital Markets Ltd., in a statement. “The current climate in FX is hot, with more than [US]$1.9 trillion traded each day and increased interest by hedge funds and institutional investors.”