Exclusive: Paragon Global Markets Hires John Murray as Managing Director

Paragon Global Markets (PGM), a New York-based brokerage business specializing in providing execution and clearing services in the derivatives and FX markets, has appointed John C. Murray as Managing Director.

Murray brings more than 18 years of experience to PGM, which was founded by industry veterans William Sexton and Stephen Grady and also operates as an introducing broker, registered with the US National Futures Association (NFA).

Murray will Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term his knowledge and deep connections with broader banking and financial institutions to help PGM promote their products to a diverse global client base in the exchange-traded derivatives, OTC, and FX markets. He will be tasked with providing a specific focus on delivering the firm’s existing offering and capabilities to ultra-high-net-worth and high-net-worth clients.

Prior to his appointment with PGM, he spent three years as Managing Director with London based CTA LineHedge Partners (LP), where he managed sales initiatives for their exchange traded funds (ETFs), master limited partnership (MLPs), and fixed income offerings. During this tenure, he grew client base to 150, secured 3 FINRA securities licenses to meet regulatory compliance, and built partnerships with Latin America for commodities futures trading, Murray states on his Linkedin profile.

Other stops within FX industry

Murray's career also encompasses different roles at FX firms, including a nine-year stint at Credit Capital, a futures and Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term firm. He joined Credit Capital as a branch manager in 2008, working his way up through several vice president positions with the firm, culminating with the position of Global Head of Sales.

Murray has originally started his journey in the financial services sector back in 2006 when he joined FX broker GFT Futures and Forex.

Commenting on his appointment, PGM CEO William Sexton, said “Our unique position allows us to command the resources of the entire investment industry to create product offerings specifically tailored to our clients that they are unable to find elsewhere. John will be a valuable resource for our clients and a great addition to the team, particularly given his exceptional experience within the industry.”

“I look forward to working with the team at Paragon Global Markets to further assist clients in attaining their wealth building and management goals. This is a very intense time of growth for the Managed Futures Market. Clients demand that PGM provide an opportunity to enhance overall portfolio returns, while preserving capital and ensuring wealth longevity,” added Murray.