Each Side Of The Atlantic Loses Eight
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Quotron Systems Inc. has been reducing its staff in recent weeks, dismissing eight F/X Trader staffers in New York and an equal number in London this month. Although officials there confirm the layoffs, they insist that the reductions, the result of cost cutting and restructuring, represent a relatively insignificant percentage of those working on its foreign exchange products.
Michael Togher, vice president in charge of foreign exchange at Quotron says the layoffs were the result of "some
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