Gearing Up


For a provincial US agency brokerage, it used to be essential to have an office in New York-but that is no longer the case. As technology improved and became more critical to how firms do business, Dallas-based Capis shut its once-bustling office in the country's financial capital and now conducts all of its business from its headquarters in the Lone Star State. Just three traders remain offsite to operate a trading desk on the New York Stock Exchange (NYSE) floor.

Recognizing the importance

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