GFI Group Inc. (‘GFIG’ on NASDAQ) has added five new hires in emerging markets credit default swaps in New York. These include experienced brokers, Scott Pagano, Michael Connell and Tom Halpin. All five join GFI from BGC Partners in New York.
"GFI is the world’s top broker in credit derivatives and we intend to remain so", said Colin Heffron, president of GFI Group. "We are delighted to strengthen our brokerage team with Scott, Michael and Tom and we look forward to offering an even better service to our clients".
The new brokers will report to Nick Brown, GFI’s head of financial product brokerage, North America.
Risk magazine’s 2008 interdealer rankings named GFI as top inter-dealer broker in 16 of the 17 credit derivatives categories.