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[0] GFInet Hires Steve McMillan as Chief Operating Officer.


Business Editors

NEW YORK--(BUSINESS WIRE)--July 26, 2000

GFInet Inc., a creator of independent online markets, officially announced today the appointment of Steve McMillan, 37, as Chief Operating Officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 of GFInet. Mr. McMillan will be responsible for directing the company's long term business plan and overseeing GFInet's finance, technology, legal, and sales and marketing divisions as well as implementing all new developments for the company's electronic trading This article or section is in need of attention from an expert on the subject.
Please help recruit one or [ improve this article] yourself. See the talk page for details.
 platforms.

"With his extensive background and proven track record as an innovative leader in the inter-dealer broker Inter-dealer Broker

1. A brokerage firm operating in the bond or OTC derivatives market that acts as an intermediary between major dealers to facilitate inter-dealer trades.

2.
 marketplace, Steve is a welcome addition to GFInet," said Michael Gooch, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  and Founder of GFInet. "Steve will play a critical role in our company's future by strategically executing our electronic brokerage and new market initiatives and guiding our management through the evolving financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 industry."

Mr. McMillan previously served on the Board of Directors for Garban Intercapital Plc. While at Garban, he was the Chief Executive of Garban's inter-dealer brokering activities in Europe, Middle East, Africa and Asia. Prior to Garban, Mr. McMillan held senior broker positions at Cantor Fitzgerald and Mabon Nugent, with a focus on Canadian and US fixed income products.

"This is an exciting time in the financial services industry and I am looking forward to being part of an organization that is at the forefront of the evolving electronic broking Bro´king

a. 1. Of or pertaining to a broker or brokers, or to brokerage.
Redeem from broking pawn the blemished crown.
- Shak.
 marketplace," said Mr. McMillan. "With the commitment of GFI GFI Ground Fault Interrupter
GFI Go For It
GFI Government-Furnished Information
GFI Growing Families International
GFI Goodness of Fit Indices
GFI Government Financial Institutions (Philippines)
GFI Gross Farm Income
 Group and the extraordinary management team in place at GFInet, I am confident that our electronic trading platform, analytics and value-added trading services will provide our customers with a means to intelligently and profitably execute transactions."

About GFInet Inc.

GFInet creates independent online markets, integrating proven voice brokering with execution and information tools thereby optimizing efficiency and liquidity. Applicable to any financial, commodity and industrial product, GFInet currently offers trading capability for the credit, FX, equity, energy, telecom and derivatives markets. Voice-assisted and online trading Online Trading

Making trades via the Internet.

Notes:
The use of online trading increased dramatically in the mid to late 1990's with the advent of high-speed computers and Internet connections. Stocks, bonds, options, futures, and currencies can all be traded online.
 execution is integrated with real time data, market specific commentary, and analytics. Market experience and liquidity are provided by GFI Group, a leading global, interdealer broker. http://www.gfinet.com

About GFI Group

GFI is among the world's leading inter-dealer broker specializing in wholesale market transactions including derivatives, commodities, currencies, and foreign and domestic securities traded among the world's leading financial institutions and energy concerns. Founded in 1987, the firm employs more than 300 people worldwide. GFI is recognized as the primary force in providing innovative technological solutions to solve the broking industry's need for marketplace transparency. Headquartered in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, the GFI Group services customers worldwide from offices in London, Sydney, and Tokyo.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 26, 2000
Words:428
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