CORE DUMP
CORE DUMP
What ho, Phibro?
After pulling out of the coal, coke and fertilizer markets, Phibro, the commodities trading arm of Salomon, has laid off 80 employees, or 20 per cent, of its 400-person workforce. The question now remains whether the unit has also stopped selling its Nextstep-based Integrated Commodities Trading System, formerly known as mc2. Phibro director of software engineering Vincent Annunziata did not return phone calls seeking comment; a Salomon spokesperson would neither confirm norOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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