GFI Group Inc. (NYSE: “GFIG”) is pleased to announce that it has appointed Mr. Fernando Del Cueto García as General Manager of GFI Group’s Mexican affiliate, GFI Group Mexico, S.A. de C.V.
Mr. Del Cueto García will oversee local operations.
Before joining GFI in 2013, Mr. Del Cueto García was a Fixed Income senior broker at SIF ICAP, S.A. in Mexico where he was responsible for Mexican Government Bonds brokerage. Prior to that, he was in charge of client relationships for the FX, Overnight, Repo and Government Bonds electronic platform.
Nick Brown, Managing Director and Head of Financial Product Brokerage, North and South America, said: “We are very pleased to have Fernando lead our operation in Mexico. He has the know-how and the experience we need to run our office” and added, “Mexico is a very important market for us. We have been servicing it from our New York office for over 11 years and our new local office will increase our level of commitment to the country and to the growth of the Mexican markets”.
GFI Group Mexico S.A. de C.V. was granted by CNBV (Comisión Nacional Bancaria y de Valores) a license to operate in Mexico on July 20, 2012 and is fully compliant with all pertinent Mexican regulations.
GFI Group is present in other Latin American countries, including Peru, Argentina, Chile and Colombia, where it has helped increase market transparency, liquidity and efficiency.