Orbitex Funds Distributor has named Frederick Graboyes president, the company announced earlier this month. Orbitex Funds Distributor, the brokerage subsidiary of Orbitex Financial Services, serves as distributor and broker for third-parties as well as the Orbitex family of mutual and hedge funds.

Graboyes will be responsible for the expansion of the firm's institutional agency trading operation as well as the coordination and consolidation of Orbitex's brokerage needs for all its financial service providers.

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