Harlow Butler Opens Unit In Mexico To Cover NA Customers' Peso Needs

BROKERS

Harlow Butler has opened a wholly owned subsidiary, Harlow Butler Mexico Sa de CV, in Mexico City, to provide a direct service to North American customer banks in FX peso products. The office, which began operating May 23, will have 20 forex brokers initially and up to 60 when fixed income, derivatives, energy and equities desks are up and running.

Ricardo Ulloa, previously at Prebon Yamane, was named director general at Harlow Butler Mexico. Ulloa is a veteran of the Mexican financial market