LOOSE CHANGE

LOOSE CHANGE

Tullett & Tokyo Forex moved a number of the New York sterling desk's accounts into London on November 28, according to John Nixon, president and chief executive officer. The balance will be moved over the course of December. The desk had about seven brokers, all of whom have been absorbed within Tullett's New York FX operation, although one broker is being sent to London for three months and could stay longer. "We felt the liquidity in New York would be better served by merging it with the l