Integral Development Corp. (www.integral.com),
a leading platform for FX market participants, announced today that
Richard K. Farrell has joined the firm as Managing Director, Business
Development/Sales. Farrell is reporting to Harpal Sandhu, CEO, and Jon
Barker, Global Head of Sales, and is a member of the firm's executive
team. Based out of New York, Farrell will oversee efforts to expand
Integral's offerings into additional customer segments and business
"From the moment Rich and I sat down to talk about how to best serve
customers in the FX market, I knew he would be an excellent addition to
our executive team," said Harpal Sandhu, CEO, Integral Development Corp.
"Working together will be very exciting and will accelerate the value we
bring to the market. The combination of his unique knowledge and skills
and Integral's ecosystem of world-class customers is unmatched in the
Said Richard Farrell: "While I was familiar with Integral's general
success in themarket, the chance to create significant opportunity for
customers became immediately clear when I met with the team and realized
the potential of FX Grid®. I look forward to expanding the platform and
introducing that value to additional customers segments."
"Rich is one of the most experienced sales executives in FX platforms,"
added Jon Barker, Global Head of Sales, Integral Development Corp. "His
in-depth knowledge of complementary markets and business models will
greatly enhance our momentum. I welcome him to our team and I am looking
forward to his valuable contributions."
Farrell joins from State Street Global Markets/Currenex where he was
Senior Managing Director, Head of Global Sales for E Exchange. Before
that, he worked at Moody's KMV (analytics and research products) where
as Managing Director, Head of Global Sales and Marketing, he forged a
new cultural identity out of multiple recent acquisitions. He also
worked at Reuters Americas where as Senior Vice President Major
Accounts, he built a beachhead business around "open systems". Farrell
holds a BA in Economics from the City University of New York at Brooklyn
College, Brooklyn, NY.
Integral Development Corp., a leading service provider to FX market
participants, develops and operates FX Grid®, a global multi-sided
trading network connecting active market participants with all major
sources of FX liquidity. Integral's business model supports all FX
market participants with the solutions to build their own private FX
exchanges, and to deliver branded trading services to their clients. FX
Grid connects all segments of foreign exchange including retail and
institutional brokers, banks, investment and asset managers and
professional trading firms. Founded in 1993, Integral maintains
development, support, and sales offices in Palo Alto, New York, London,
Tokyo, Singapore, Hong Kong, and Bangalore. For more information, visit www.integral.com.
© 2014 Integral Development Corp. All rights reserved. Integral
technology is protected under U.S. Patent Nos. 6,347,307 B1; 7,882,011
B2 and 8,417,622 B2, patent pending applications and related
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