GAIN Capital Group Appoints Chief Financial Officer; Former CFO of Refco LLC, Alexander Bobinski, Named to Post.BEDMINSTER, N.J. -- GAIN Capital Group, Inc, a leading provider of foreign exchange trading Foreign Exchange Trading or FX Trading, clients are able to hedge against, or speculate upon, changes in the exchange rate of two currencies. For example, a speculator can long EUR/USD in foreign exchange market in order to profit from capturing the appreciation of Euro against the and asset management services for institutional and individual investors, today announced the appointment of Alexander R. Bobinski, CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. , as chief financial officer. Mr. Bobinski brings to GAIN 18 years of financial, accounting and capital markets experience in and around the futures industry. Most recently, Mr. Bobinski was chief financial officer at Refco, LLC, one of the world's largest futures trading and clearing firms, with over 200,000 customers and $4 billion in customer assets. At Refco LLC, Mr. Bobinski managed the finance, treasury and accounting operations of the firm, as well as due diligence and integration efforts for acquisitions. At GAIN, Mr. Bobinski is responsible for the firm's financial operations, including accounting, treasury and cash management, and reporting. As a member of the executive management team, Mr. Bobinski will also focus on strategic corporate development and expansion initiatives. He reports directly to GAIN's Chief Executive Officer Mark Galant This article is about the musical style. For the Mitsubishi automobile, see Mitsubishi Galant. In music, Galant was a term referring to a style, principally occurring in the third quarter of the 18th century, which featured a return to classical simplicity . "With revenues increasing 70% annually over the past three years and a rapidly expanding operation, GAIN now requires a CFO See Chief Financial Officer. with proven leadership skills and a broad range of financial management experience at established, growth-oriented companies," said Mr. Galant. "With the addition of Alex, we are now well-positioned to successfully scale our business into the future." Prior to Refco, Mr. Bobinski spent 10 years at Nomura Securities International as vice president and controller for their futures and options business. Additionally, for twelve years he was sole proprietor of Futures Accounting and Consulting Services providing accounting and compliance services to Commodity Pool Operators, Commodity Trading Advisors and Introducing Brokers. Mr. Bobinski also served as controller/compliance director at Bridgewater USA, Inc. Mr. Bobinski began his career at the National Futures Association National Futures Association (NFA) The futures industry self-regulatory organization established in 1982. as an in-charge auditor. A Certified Public Accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. , Mr. Bobinski also holds a Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies in Business Administration/Accounting from Ramapo College of New Jersey. ABOUT GAIN CAPITAL GROUP GAIN Capital Group is a leading non-bank provider of foreign exchange services, including direct-access trading and asset management. Founded in 1999 by Wall Street veterans, GAIN is one of the largest, most respected firms in the industry, servicing clients from more than 110 countries around the globe. Monthly trade volume currently exceeds $70 billion per month. In August 2005, GAIN Capital Group was named New Jersey's fastest-growing technology firm by Deloitte & Touche LLP's prestigious Technology Fast 50 Program. GAIN Capital's increase in revenues of 23,313 percent from 2000 to 2004 resulted in the number one ranking for New Jersey. The company's flagship service, GAIN Capital (www.gaincapital.com) focuses on the needs of professional Forex traders, money managers and experienced Forex day traders. FOREX.com (www.forex.com) services individual investors of all experience levels with a full-service trading platform, lower account minimums and extensive education and training. GAIN Capital Group is a registered Futures Commission Merchant Futures commission merchant (FCM) A firm or person engaged in soliciting or accepting and handling orders for the purchase or sale of futures contracts, subject to the rules of a futures exchange and, who, in connection with such solicitation or acceptance of orders, accepts any (FCM FCM See: Futures commission merchant FCM See futures commission merchant (FCM). ) and a member of the National Futures Association. |
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