CHICAGO / NEW YORK, March 9, 2017 – Rosenthal Collins Group LLC (RCG®), a leading independent futures clearing firm, announced today the appointment of Hilton T. Sheng to the new position of President, Structured Products Division. Sheng, who joins RCG with more than 30 years of futures industry experience, will operate out of the New York office and build on the company’s newly established expertise in structured products.
Maureen C. Downs, RCG President, said: “We’re very excited to be able to provide our clients a comprehensive structured products offering, and Hilton is perfectly suited to lead the charge. His depth of experience in structured products and futures spans three decades, and he brings tremendous enthusiasm to the Division. We know he will build a talented team to meet the long-term needs of our clients.”
Sheng said: “I am absolutely thrilled to join RCG and lead the build-out of the Structured Products Division, especially during this time of global uncertainty and political volatility. RCG’s phenomenal executive management team embodies leadership, innovation, integrity, fiscal responsibility and teamwork, and I’m honored to be here.”
The RCG Structured Products Division will help commercial, hedger and end-user clients manage price risk and volatility through the use of customized risk strategies leveraging cleared, financially settled products on the CME ClearPort and ICE platforms as well as futures and options.
Prior to joining RCG, Sheng served as Senior Vice President, Structured Products, for R.J. O’Brien & Associates since 2011. He was a Director and Senior Energy Marketer for Hudson Capital Energy and served as a Vice President of Refco LLC, where he managed the firm’s New York Institutional Energy Desk. He also worked on the Energy Futures desk as a Director and Vice President with ABN AMRO Inc, UBS and PVM Oil Associates, Inc., and served as Energy Analyst and broker for Cargill Investor Services as well as a partner of an energy hedge fund.
Over the course of his career, Sheng was an independent floor trader on COMEX and ran the soft commodities floor operation for Cargill. He also worked in operations for futures brokerage firms Dean Witter Reynolds Inc. and ED&F Man International.
Sheng received a Bachelor of Arts degree in Economics from Rutgers University in New Brunswick, N.J.
With more than 90 years of experience in the futures industry, Rosenthal Collins Group is one of the world’s leading regulated Futures Commission Merchants (FCMs) offering trading execution, clearing, brokerage, managed futures services and a full range of electronic trading services to institutional, commercial, professional and retail customers around the globe. The firm has developed its own electronic trading platform, RCG Onyx Plus®, tailored to the needs of its clients. RCG holds clearing memberships on all principal U.S. futures exchanges and has access to world futures markets through a network of correspondent relationships. RCG has over 35,000 active accounts and more than 150 correspondent brokerage relationships. Further information about Rosenthal Collins Group can be found at www.RCGdirect.com.
Ellen G. Resnick
Crystal Clear Communications
773/929-9292; 312/399-9295 (cell)