RJO Continues Expansion Strategy Futures Industry Veteran Joseph Murphy Joins Firm
Chicago, November 4, 2008
R.J. O’Brien & Associates (RJO) announced today that futures industry veteran Joseph Murphy has joined the firm as Executive Vice President of R.J. O’Brien & Associates and President of the Americas, effective immediately. Joe will be in charge of marketing and expanding the firm’s business through all of its business lines, including Introducing Brokers, Commercial Agricultural, Institutional and RJO Futures. He will be based primarily in New York. This is a new position at the firm.
"Joe’s presence at RJO will further cement our position as a leader in the futures industry and we welcome him aboard," said Gerry Corcoran, Chief Executive Officer. “Joe’s track record in the futures industry is outstanding and he has been instrumental in the growth and expansion of several firms in the futures industry."
"I am delighted to join RJO," said Mr. Murphy. "RJO is well known for its superb client service, superior risk management, and cutting edge products and technology. I look forward to expanding their businesses into both new and existing markets."
Mr. Murphy, with over 25 years, in the futures business, is well known in the industry. He has held several elected industry positions including Chairman of the Board of the Futures Industry Association. He served as a member of the Board of Directors and Vice Chairman of The Clearing Corporation, as well as a Board member of the National Futures Association.
"Joe has been a fixture in the industry for many years, and I look forward to working with him" said Colleen Mitchell, President of R. J. O’Brien.
Previous to joining RJO, Mr. Murphy spent six years at Refco, serving most recently as President of Refco Futures. Prior to Refco, Mr. Murphy helped build and expand the futures and cash businesses of HSBC Securities and HSBC Futures and Chase Manhattan and Chase Futures. He began his career in 1983 at Chase Manhattan Bank serving in a variety of capacities.