Farr Man To Reenter FX Market In N.Y. ICE's Summerfield Named As President
NON-BANKS
Farr Man & Co. Inc., a commodities firm, is poised to reenter the foreign exchange market in New York and has recently hired Timothy Summerfield, formerly a managing director of money broker Intercontinental Exchange Partners, L.P. (ICE), as president of the firm.
Farr Man, a wholly-owned subsidiary of U.K.-based E.D. & F. Man, a commodities broker, which specializes in the coffee, cocoa and sugar markets, plans to start trading foreign exchange by the end of the month.
"It's going to be sort of
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