Senior Dealers Meet At Seminar In Houston 150 Turn Out, But Big New York Banks Don't

BANKS

Although consolidation, cost cutting and staff reductions continue to haunt the foreign exchange industry, some 150 delegates made the trip to Houston late last week to attend the Forex USA Inc.'s Senior Dealer's seminar. The event drew about the same number of delegates that it did last year when it was held in New York.

The seminar, which Forex USA hosted in conjunction with the Association Cambiste Internationale, consisted largely of senior dealers, brokers and treasurers from as far away