Chapdelaine’s FX Brokerage Unit Shifts Primary Focus To Forwards
BROKERS
Chapdelaine Corporate Securities & Co.’s foreign exchange brokerage operation is alive and well, despite rumors that surfaced this week in the market to the contrary. Senior vice president, Tim Rooney says, "I just signed a multi-year deal with (Chapdelaine), so we will be doing foreign exchange for the next 10 years."
Although the venture hasn’t been extremely profitable yet, "we are breaking even, so that’s not bad for our first year in business," adds Rooney, who started the company about a
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