LONDON, Nov. 10 /PRNewswire/ — Mac Trading Services Ltd., formerly MacFutures Limited, one of the UK’s leading electronic futures trading firms, has changed its name to REFCO Trading Services. The change in name reflects the strength of its parent company, its global locations and the breadth of its product and service offerings. It also consolidates the worldwide trading services divisions under one consistent brand.
“As a leading global execution and clearing firm for derivatives, as well as a fast-growing provider of prime brokerage services in the fixed income and foreign exchange markets, REFCO has global name recognition in the financial services field. This name change allows our European trading services business to benefit from the substantial goodwill that REFCO has built over the past 35 years. Bringing the REFCO Trading Services name to this business also is consistent with our strategy of providing consistent multi-product and service offerings to the global electronic trader,” said Robert Mercorella, Senior Vice President of REFCO Group Ltd., LLC.
“Although we are changing our name to reflect more accurately our global capabilities and financial strength,” said Oliver Jones, Managing Director of Mac Trading Services, “we are intensely committed to retaining the high level of support and service that has been the hallmark of our business since our inception in 1997. The REFCO name supports our global expansion efforts and capabilities.”
REFCO Trading Services, as this business will now be known in all locations, is a premier electronic trading group with nine offices globally and more than 450 traders. REFCO Trading Services, which offers practical training for traders with all levels of experience, also provides state-of-the-art support systems and trading facilities to both proprietary traders and independent traders with global access to principal international exchanges through various subsidiaries of REFCO Group Ltd., LLC. REFCO Trading Services is an appointed representative of REFCO Overseas Ltd. FSA Register #114228.
REFCO Group Ltd., LLC ( www.refco.com ) is a diversified financial services organization with operations in 14 countries and an extensive global institutional client base. REFCO Group’s worldwide subsidiaries are members of principal U.S. and international exchanges, and are among the most active members of futures exchanges in Chicago, New York, London, Frankfurt, Paris, and Singapore. In addition to its futures brokerage activities, REFCO is a major broker of cash market products, including foreign exchange, foreign exchange options, government securities, domestic and international equities, emerging market debt, and OTC financial and commodity products.