Kansas City Board of Trade Clearing has appointed Steven Hyde from Newedge USA as president, Mondovisione reports. The unit of Kansas City Board of Trade (KCBT) has also named Kirk Polo from JP Morgan Futures, and David Lehl from ADM Investor Services, as vice presidents.
John Kearney has been appointed as secretary-treasurer, while Michael Dean and Bruce Wilson will become directors of the company. KCBT Clearing reconciles all futures and options trades at KCBT and guarantees the financial integrity of all trades.
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