MAI To Shift Frankfurt Team To U.K. But Operate Under Müller Harlow

BROKERS

U.K.-based MAI is moving Müller's spot dollar/mark business from Frankfurt to London on July 1, officials say. The desk will be based alongside Harlow's London spot dollar/mark team in an expanded trading floor, but operate separately under the Müller Harlow name.

Currently 16 brokers are located in Frankfurt, all of whom have been asked to transfer. The official says most of the brokers, some of whom are British, are expected to make the move. The group will continue to be run by Roger Mahon

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