Jim Oliff appointed COO of FFastFill

Jim Oliff, second vice chairman of the Chicago Mercantile Exchange (CME), has been appointed chief operating officer of online risk software vendor FFastFill.

Oliff, with 30 years experience in the business, holds a number of senior positions at derivatives firms. He is chairman of the CME’s strategic planning committee, executive director of CME floor-broker International Futures and Options Associates, and president and chief operating officer of LST Commodities, another broker.

London-based FFastFill produces real time trading and risk management software for derivatives dealers.

Chris Stone, the company’s managing director, said Oliff will have an

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Stemming the tide of rising FX settlement risk

As the trading of emerging markets currencies gathers pace and broader uncertainty sweeps across financial markets, CLS is exploring alternative services designed to mitigate settlement risk for the FX market

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