FX Week

Lasser To Disband French Desk But Will Still Provide Franc Prices

BROKERS

Lasser, Marshall Inc. plans to dismantle its French franc/dollar brokerage section October 1 in response to dwindling commissions from that operation, according to sources inside the large brokerage firm.

One source at Lasser says senior management decided to allocate resources to other currencies that they felt would generate higher commissions, and that the five man French franc unit have been told they will be reassigned to other currencies.

Although the brokerage firm will not provide supp

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: