Octagon will be a division of GFI Securities LLC in New York and GFI (HK) Securities LLC in Hong Kong. GFI’s Octagon division will provide brokerage services in Asia and other emerging equity markets.
The new division will be staffed by a team of newly hired Asian equity professionals to be led by Michael Conway, previously a Senior Managing Director and Global Head of Asian Sales and Trading at Bear Stearns. Thanh Nguyen, also a former Senior Managing Director at Bear Stearns, will be Head of Sales.
Also joining are Ron Wexler, Andrew Lee, Jay Kim, Charles Lee, Betty Cheng and Simon Tsang.
“This team has worked together for over ten years and we intend to continue to bring our clients value-added service with insightful opinion,” says Michael Conway. “We also look forward to attracting further industry professionals by providing them with unique opportunities.”
“GFI is delighted to launch its Octagon division with such an experienced and knowledgeable team” says Ron Levi, chief operating officer, GFI. “We believe the Asia-Pacific region continues to be of increased importance and we look forward to further serving our clients.”
L.D.