Straits executive team includes some of the industry's most experienced seasoned professionals in Futures and Options.
Paul Fry—Chief Operating Officer
In his role as Chief Operating Officer, Paul Fry manages the key functions of both the Straits Operations and Technology divisions. He also assumes the role of driving the business development of Straits execution, clearing and broker services. Mr. Fry has been in the futures industry for the last 25 years and held senior positions at several leading FCMs including Cadent Financial Services LLC, Refco LLC and Lind-Waldock. His duties included overseeing market related risk, credit risk, front end systems (both implementation and risk management), sales and various other aspects of running a clearing firm. He travels frequently to meet with customers, gathering market intelligence and trends, and attends industry events to keep a robust perspective. He and his wife, Catherine, have two children.
Gene Orr—Managing Director Straits Group
As Manging Director of Straits Group, Gene is responsible for developing new business opportunities globally and building bridges between the US and other continents such as Asia. Mr. Orr has been in the financial industry for the last 25 years and has held senior positions at leading global financial institutions such as Citigroup Global Markets, HSBC, and Jefferies. He started his career as a commodity sales broker at an investment bank in Seoul and London dealing with metals and energy products before moving on to senior positions in the futures industry with Refco Group, LLC and Cargill Investor Services, both of which are located in Chicago. He recently served as the CEO of AQG Capital Management, now known as KB Asset Management, in Singapore. Gene read for his Ph.D in Finance from the University of Birmingham in U.K and holds an MA from Bond University in Australia. He and his wife, Sue, have two children.
Christine Lofland—Executive Vice President and Chief Financial Officer
As Chief Financial Officer, Christine Lofland is responsible for planning, implementing, managing and controlling all financial-related activities for the company. With over 20 years of experience in the commodities industry, Christine brings a broad range of experience to the CFO position. She started her career as an auditor for the National Futures Association and spent 17 years as the Chief Financial Officer for International Futures & Options Associates, LLC, which was the largest broker association at the Chicago Mercantile Exchange. In 1997, she became a Managing Member of the firm. She recently served as the Chief Financial Officer of the successor of that firm, The Brokerage Group, LLC. In her roles as CFO, she was responsible for all of the day-to-day finance and accounting functions of the firms. Christine holds a Masters degree from Northern Illinois University and a B.S. in Finance from Illinois State University. She is also a Registered Certified Public Accountant. She and her husband, Tom, have four children.
Jaclyn L. Tholl—Executive Vice President and Chief Compliance Officer
As Chief Compliance Officer, Jaclyn Tholl oversees the Corporate Compliance Division, functioning as an independent and objective body that reviews and evaluates compliance issues and concerns within Straits. She is responsible for ensuring that the Board of Directors, management and employees are in compliance with the rules and regulations of regulatory agencies, that company policies and procedures are being followed, and that behavior in the organization meets the company's Standards of Conduct. Jaclyn is an accredited Forex Subject Matter Expert and last held the position as Field Supervisor of Investigations with the National Futures Association (NFA). At the NFA, she led a team in conducting routine examinations and investigations of NFA member firms ensuring that adequate policies and procedures for areas such as anti-money laundering, trading and orders were created and properly implemented. Not only is she adept in the implementation and interpretation of the NFA Rules and CFTC Regulations, including all required policies and procedures, Jaclyn is also well versed in the analysis of financial condition and computation of capital requirements, performance calculations and presentations, disclosure documents and other contractual agreements. Jaclyn holds her BBA in Finance from the University of Iowa and serves on both Easterseals Associates Board and the FTFDerivOps North America Advisory Board.