
Refco Set To Enter Retail FX Market
NEWS
NEW YORK -- Financial services organisation Refco Group is moving into the largely untapped retail FX market, with the creation of a new company aimed at individual traders and smaller FX players.
The company, called Refco F/X Associates, will enable smaller corporates and businesses, asset managers and individuals to trade FX products previously only available to institutional clients, says newly-appointed president and chief executive Gary Weiss. The company will start trading online for
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