Rodman & Renshaw Snare Mallon To Build Financial Futures Operation

BROKERS

Tom Mallon, most recently director of the capital markets group at Quantum Financial Services, has joined Rodman & Renshaw in Chicago, where he will help build a financial futures sales and trading operation. Mallon, says the operation will be comprised of currencies, Eurodollars and bonds.

Rodman & Renshaw is the U.S. subsidiary of Mexican parent Abaco Grupo Financiero. Abaco has about $700 million in capital and owns 54 per cent of Rodman's capital. Just recently, Abaco gave Rodman a $35 mi