Quotron Trims F/X Trader, Focuses On Building Liquidity

PROPRIETARY EXECUTION

Quotron dismissed eight F/X Trader staffers in New York and an equal number in London this month. At the same time, Quotron has embarked on an initiative to build liquidity in existing trading centers, rather than add to the network of cities connected to the conversational foreign exchange trading system.

Despite the fact that the F/X Trader staffers were axed in the midst of corporationwide layoffs at Quotron, sources at the vendor say they have significance of their own. The cuts -- which were

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