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GFI New York Management

Nick Brown
Managing Director - Head of Financial Product Brokerage, North America

Mr. Brown joined GFI in November 2003. Prior to this, Mr. Brown was a Managing Director of Technolia LLC, a telecom consulting company from 1998 until 2000. Mr. Brown’s experience in the interdealer brokerage industry includes positions as Managing Director, North America of Tullett & Tokyo between 1990 and 1996 and President of Harlow Meyer Savage from 1986 and 1989. Mr. Brown is also a director of Jersey Partners, the largest shareholder of GFI. In addiition, Mr. Brown serves as a director of the Financial Markets Association and was formerly a member of the Federal Reserve Bank of New York Foreign Exchange Steering Committee.


Michael Cosgrove 
Managing Director – Head of Commodities & Energy Brokerage, North America
Mr. Cosgrove became Head of Commodities & Energy Product Brokerage, North America for GFI in July 2008. Mr. Cosgrove manages all of GFI’s commodities & energy business in North America, including its Amerex and StarSupply divisions. He started his career with Amerex in 1981 as a trainee with the firm’s New Jersey office and quickly excelled as a broker of North American and international crude oil. In 1986, Mr. Cosgrove became a partner in the firm and Managing Director of Amerex’s European operations. In 1989, Mr. Cosgrove founded Amerex Futures Limited, a member of the London Clearing House and International Petroleum Exchange. In 2003, Mr. Cosgrove was named Chief Executive Officer of the Amerex North American Companies. In 2004, Mr. Cosgrove was named in the Energy Risk Hall of Fame. 

Jim Higgins 
Managing Director - Head of North American Credit Brokerage
Mr. Higgins joined GFI in July 2008. He is a former Co-head of Global Credit Trading at Citigroup in New York where he worked for 15 years. Mr. Higgins holds a BA in Economics from Harvard and an MBA from Northwestern’s Kellogg Graduate School of Management. 

Conor McCarthy 
Finance Director
Mr. McCarthy joined GFI in 2005 from Telerate – New York, where he was Vice President, Treasurer. As Finance Director at GFI he is responsible for managing the teams and projects concerning financial planning and record keeping, financial reporting and accounts payable and receivable. Mr. McCarthy has over 25 years’ experience in financial services, content and high technology industries, and has held posts at organizations including Natwest Markets, ICAP Plc and Moneyline Networks.  

William Shields 
Compliance Officer, North America
Mr. Shields joined GFI in 2002 from Tucker Anthony, Inc., New York, where he was Vice President of Compliance. As Compliance Officer at GFI he has overall responsibility for ensuring GFI complies with regulatory requirements and that employees are complying with internal policies and procedures. Mr. Shields has over 7 years’ compliance and regulatory experience, holds a BSc in Finance from Syracuse University and a Juris Doctorate from Rutgers School of Law, Newark.

Karen Aflalo 
Human Resources Director, North America
Ms. Aflalo joined GFI in 2002 from Societe Generale - New York, where she was Vice President, Human Resources Generalist. She has over 16 years of commercial experience, including HR positions at organisations including Cantor Fitzgerald, Robert Fleming Inc. and Citigroup (Citicorp Credit Services, Inc.). Ms. Aflalo holds a BA in Political Science, Journalism and French from New York University.

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