"Setting and maintaining a high service standard, providing our customers with a positive and consistent customer experience requires that our team be composed of people who strive for the same values and passion. Excellence, leadership, creativity, knowledge are just some of the values that shape our organization." - Joe Mazurek, President
Straits executive team includes some of the industry's most experienced seasoned professionals in Futures and Options
As President of Straits Financial LLC, Joseph Mazurek is responsible for the direction, vision, steering and growing of its business, ensuring that the various development and delivery groups are working towards the organization's common goal.
Joseph brings along over 30 years of experience in the Futures industry, having held either leadership or senior level executive roles across several leading FCMs including Macquarie Futures USA Inc., E.F. Hutton & Company, PaineWebber Inc., Refco Group LLC and R.J. O'Brien & Associates. At these firms, he was responsible for the retail, corporate and institutional customer and counterparty activity associated with Futures, Foreign Exchange, Fixed Income, Emerging Markets, Equities and OTC Derivatives, both for their U.S and International businesses.
Joe holds a BA from the City University of New York. He and his wife, Susan, have two children.
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.
Christine Lofland—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—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.
Michael Malecki—Risk Officer
As Risk Officer, Mike oversees the firm's Margin and Risk Management Department.
Continually monitoring and evaluating client trades and positions to market movement and volatility, enables Straits to immediately address and implement the necessary action to protect the firm. These constant controls are coordinated with our Singapore Office for round-the-clock risk control.
Mike has 28 years of futures experience starting with Lind-Waldock, and recently with R.J. O'Brien & Associates. Mike's versatile background has gained him an instinctive insight in the handling of risk exposures that is now at the forefront of the industry.
Mike, a native Chicagoan, has been married 25 years. He and his wife Kerry have two children.