Majority of Volbroker IT Staff Moves to TFS-Icap

ORGANIZATION AND MANAGEMENT

LONDON--The majority of online FX options broker Volbroker's permanent IT staff have transferred to inter-dealer broker TFS-Icap around the globe, said Volbroker's chief executive, Dirk Ward in London. That dismisses rumors that few of consortia-owned Volbroker's staff had kept their jobs since TFS-Icap bought an unspecified stake in Volbroker last December.

FX marketers however, were not so lucky. "TFS-Icap was already strong on the marketing side," Ward told TTW. "Most of Volbroker's FX

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