DIXON FUNG is Founder & co-Chairman of MG Financial Group. He
participated in the foreign exchange market on both the banker and
broker sides. From 1984 to 1989, Mr. Fung was a broker for Lasser
Marshal, a major Institutional Foreign Exchange Brokerage House
specializing in British Pound brokerage with major banking institutions.
From 1989 to 1994, he was a trader for Dollar-Mark Interbank, Helaba, NY
of Hessische Landesbank, NY. He has been with MG Financial Group since
1994. Mr. Fung graduated in 1984 from New York Polytechnic Institute.
Mr. Fung is the former Head Trader of MG Financial Group. His present
responsibilities include guidance of the Risk Management division;
strategic planning concerning the direction of the company and products;
ongoing participation in negotiations with regulatory agencies
concerning proper governmental regulation of retail FX trade; and
assisting in the design and creation of MG’s revolutionary Internet
trading platform Deal Station 2000. Mr. Fung’s presence in the retail FX
market has helped it to evolve into its current form. He has been
instrumental in creating a more professional atmosphere throughout the
industry due to his strict insistence on professional handling of
customers and proper application of standard Interbank trading
etiquette.
Dixon Fung - Mg Financial Group
June 19, 2000