News in brief: Krulik to become COO of NYPC

Krulik to become COO of NYPCIra Krulik will become chief operating officer at New York Portfolio Clearing on July 12. Kevin Murray will become director of business operations on June 1. NYPC expects to launch in the third quarter of 2010. Krulik joins NYPC from Credit Suisse, where he was co-head of the futures sales and marketing team in the PrimeServices division. Before that he worked at Merrill Lynch where he helped develop the firm’s agency clearing division and managed the financial futures and options client service team.Murray joins from UBS Securities, where he was director of North America clearing operations. He was responsible for clearing, delivery and reconciliation. Before, he worked in a...