Marshall's Retiring Chairman Knowles Foresees Change, Not Doom For Industry

BROKERS

Mike Knowles, MW Marshall & Co's retiring chairman and chief executive, leaves the industry at a time when many are saying technology is threatening the future of voice brokers. But he believes that, as in the past, they will once again rise to the occasion and metamorphisize themselves, remaining an integral part of the forex business.

"A few years ago, people said the telex was the greatest threat to brokers," he says. "Then direct dialling came along and people again said brokers were under

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