
LOOSE CHANGE
LOOSE CHANGE
Discount Corp. of New York, which lost its two foreign exchange traders last month, is keeping its foreign exchange trading operation intact, according to Donald Brody, an executive vice president at the firm. Although rumors have surfaced that Discount intends to shut down its FX operation and focus exclusively on government bond trading, Brody maintains that the firm hasn't made any such shift.
Although Brody says that the firm has no plans to fill the slots left open following the departure of
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