FX Markets

Prebon Opens Shop In Paris To Service Euro In-Zone Market

BROKERS

PARIS--London-based Prebon Yamane has opened shop in Paris to provide FX forwards, money markets, derivatives and cash equity instruments to the euro in-zone banks, says a company spokesperson. The brokerage has taken on specialist teams, as well as the domestic customer business in each product area, from the French broker Nicol et Cie.

Aldo Pistolesi, formerly of Nicol et Cie, will head the new operation as general manager in Paris. He reports to London-based Joe Hockey, executive director of

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