FX Markets

MAI Transfers Senior Harlow Brokers To Frankfurt From London And New York

BROKERS

MAI is altering its strategic plans for spot dollar/mark by moving four of its prominent dollar/mark brokers from London and New York to Frankfurt.

MAI's decision to beef-up the Frankfurt centre (wholly-owned money broking and securities subsidiary UJ Muller) with brokers from its brokerage units Harlow, Butler, Ueda in the U.K. and Harlow, Meyer, Savage in the U.S., aims to improve liquidity in the product throughout the group offices, according to Robert McCully, chief executive of Harlow

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