Refco Asia, the regional operations of the world's largest non-bank related futures broker, has pilfered Anthony D'Silva from the Singapore offices of Eurekahedge. In the newly created position, D'Silva will head and steer Refco Asia's direct market electronic trading platform business named "RefcoNet."

His primary focus from the organisation's Singapore office will be on derivatives trading for hedge funds and institutions globally.

He leaves his position as head of business development at Eurekahedge Singapore, an alternative investment consultancy firm. D'Silva will draw on his position at Eurekahedge, where he primarily focused on its hedge fund and fund of funds business. His role is expected to broaden over time to include coverage for futures options and fixed income.

D'Silva comes from a six-year IT project management background working with law firms and investment banks such as Citigroup and Lehman Brothers in Asia on trading systems and IT infrastructures.

Refco set up its Singapore operations in 1984 as a fully licensed futures broker and full clearing member of the Singapore Exchange Derivatives Trading Limited, ("SGX-DT").