FX Markets

Butler Harlow Investigates Irregularities Disclosure Of Dollar-Swiss Point Book Eyed

BROKERS

An internal investigation at London broker Butler Harlow into irregularities on its dollar/Swiss franc desk has still produced no result, says a spokesman. Four brokers on the desk--reportedly the top people--were suspended August 16 for "suspected breaches of company rules," says the Harlow spokesman. Although he refused to say what that breach consisted of, sources at other money brokers suggest that the dollar/Swiss traders were keeping an unauthorized "point book" without informing the Bank

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