GFI takes on Refco Paris brokers

US broker GFI has named three former Refco brokers to head its new Paris office.

Herve Alfon, Denis Saboureau and Marc Souffir are currently based in GFI's London office but will return to Paris later this year. They will head an office of 50 staff, covering futures, cash equities and equity derivatives trading, and providing direct market access to European exchanges for GFI clients.

All three were previously senior brokers in Refco's Paris office. They will report to Steve McMillan, GFI's head of Europe.

The new office is at 40-42 rue la Boetie. McMillan commented: "We already had clients in Paris, and having an office there was very important in continuing to build the business."