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New director for OTCex

Doha, January 24, 2008

OTCex, an independent inter-dealer broker, has appointed Steve McMillan to its main board as non-executive director.

This brings the total number of directors to seven.

McMillan’s appointment is recognition of his distinguished reputation within global markets for consistently delivering profits and growth during an outstanding 20-year career. McMillan’s in-depth knowledge of financial markets, the issues and the people is proving invaluable as he helps establish the International Mercantile Exchange (Imex), a new brokerage exchange for emerging markets in the GCC.

Prior to Imex, McMillan was global COO and CEO Europe at GFI Group, one of the largest global intermediaries active in all major asset classes: energy and commodities, equities, financial products and fixed income securities.

Frederic Metz, chairman and CEO of OTCex Group, said: “I am delighted that Steve has agreed to join our board. OTCex has ambitious expansion plans and Steve’s extensive experience and knowledge across markets and geographies will be brought to focus on our strategic development.” – TradeArabia News Service




Tags: Imex | director | OTCex |

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