Exco FX Brokers, R.P. Martin To Establish Link First Step Toward Marriage Or A Quick Fix?

BROKERS

In an attempt to boost sagging commissions and increase market share, Exco International and R.P. Martin have announced plans to establish a joint venture that will link the two company's offices in New York and London, sources at both firms say.

Although no time frame has been set, under the proposed agreement, Exco's New York broker Noonan Astley & Pearce Inc. and U.K.-based R.P. Martin Inc. will establish a link relationship. Similarly, Exco's U.K.-based broker, Godsell, Astley & Pearce Ltd

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