Press Release
TFS announces expansion of light-end fuel brokerage services
LONDON, 26 February 2008 — TFS Energy, a leading interdealer broker and subsidiary of Compagnie Financière Tradition, today announces the appointment of Mike Haynes as a senior broker on the Naptha Desk. Mr. Haynes joined TFS on 15 February and will work alongside Ruari Ypma.
Mr. Haynes is a well-known and respected broker with over 12 years' industry experience. He joins TFS from Aspen, where he was a Naptha broker for nine years. Before joining Aspen, Mr. Haynes worked at Star Supply London.
Mr. Haynes's appointment further strengthens TFS's presence in the UK oil market. Other appointments have included Mark Amin, who brokers LPG products and will soon join from Tullett Prebon. In May 2008 Michael Kleiman will join TFS from Aspen to help set up a new gasoline desk. For the past seven years he has brokered physicals and derivatives on Mogas.
“We are delighted that Mike Haynes has now started with us, soon to be followed by his colleague at Aspen, Michael Kleiman”, says Michael Anderson, Head of Energy (Europe). “These hires of high-profile, highly regarded oil professionals reflect TFS's continued determination to be the market leader globally in OTC-oil brokering.”
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Media contacts
Regina Malzburg
Tel: +44 20 7422 3998
regina.malzburg@tradition.co.uk
Michael Anderson
Tel: +44 20 7198 1567
manderson@tfsbrokers.com
Tim Williamson/James Clasper
Brunswick Group
Tel: +44 20 7404 5959
ascott@brunswickgroup.com
About TFS
Founded in 1985, TFS is a market leader in the brokering of financial and non-financial products. With offices worldwide, the Company covers currency options, equity and property derivatives, freight, precious metals, energy and pulp & paper markets. TFS Energy brokers a full spectrum of OTC energy and energyrelated physical and derivative products, including electricity, natural gas, crude oil and refined products, coal, environmental products, weather derivatives, and exchange-traded futures and options. TFS Energy was awarded 'Broker of the Year-Asia' by Energy Risk in 2007. In the 2007 Energy Risk/Risk's Commodity Rankings, TFS won 15 1st places. In Commodities Now's 2006 broker rankings, TFS Energy was awarded 'The Energy Broker of the Year' for the second successive year. In Energy Risk's 2006 commodity rankings, TFS Energy was ranked in 36 categories with nine No. 1 places. In Environmental Finance's 2006 survey, TFS Energy won seven 1st places, including best broker in weather derivatives globally and best broker in four environmental products categories. TFS is a subsidiary of Compagnie Financière Tradition (CFT), one of the world's top three interdealer brokers in financial and commodity-related products with a presence in 24 countries and 2,200 employees. CFT is listed on the Swiss Exchange (Symbol: CFT). For further information, please visit www.tfsenergy.com.