December 2006 - City Index plans new FX brand
REVIEW OF THE YEAR
The new division, to be called City Index FX, will use the capabilities it acquired with the purchase of IFX in August with IFX brand to be ditched. Ahead of the launch, the company laid off several staff. Kevin Gillespie, head of FX, Tom Nagel, options trader and Chris Jones, European bank salesman at IFX, have left the firm.
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