MF Global hires James Kemp to head global forex

NEW YORK--(BUSINESS WIRE)--MF Global Holdings Ltd. (NYSE: MF), a broker-dealer providing trading and hedging solutions, today announced that James Kemp has joined the firm as global head of Foreign Exchange, effective immediately.

“Our Foreign Exchange business represents an integral part of our global product offering and an opportunity to strengthen and expand our overall capital markets business,” said Richard Moore, MF Global’s managing director of Europe. “I’m confident that James’ extensive foreign exchange experience will drive our strategy to increase the firm’s presence in this market and provide greater value for our clients and shareholders.”

Mr. Kemp will be responsible for managing MF Global’s Foreign Exchange business around the world, helping to advance the firm’s efforts to establish an integrated sales and distribution process and deliver a more complete client offering of capital markets products and services.

Prior to joining MF Global, Mr. Kemp was a co-founder and partner at Cogence Capital LLC, a quantitative foreign exchange trading company. From 2004 to 2007, he was a managing director at Tribeca Global Management, a multi-strategy hedge fund, and was responsible for the fund’s macro foreign exchange and fixed income businesses. He began his career at Citigroup in 1983, where he served in a number of roles, including global head of spot trading and head of foreign exchange in North America.

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