Eurobrokers Extends Forward Coverage With Desk Expansions In N.Y. And U.K.

BROKERS

Eurobrokers is expanding its forward currency coverage in both New York and London, officials confirm. The U.S.-based brokerage house has made a number of key hires in both centres in efforts to build the operation, sources say.

According to Jeremy Blum, senior vice president in charge of the currency group in New York, the expansion will result in the New York desk growing from the seven or eight now employed to 15 or 20 in a year's time.

Eurobrokers New York has had a forward desk since Sept