Refco Trading Services (Refco TS) and Saxon Financials officially opened for business in Singapore on 1 August, having targeted the city state for new offices earlier this year (see FO Week Vol 10 No 8).
Refco TS took over the lease of the 100 seat SGX trading arcade and was aiming to connect its traders to the global futures markets.
Gerard de Condappa, Refco TS's regional head,...