BGC Group
Icap’s forex e-trading platform to offer outright forwards
Icap’s forex spot and NDF electronic platform, EBS, is looking to diversify into outright forwards and other services this year
Mifid II sets up clash between voice trading and transparency
Voice in the wilderness?
Sponsored forum: US inflation derivatives
Encouraging growth in the US inflation derivatives market
Sefs in stasis as final rules edge closer
Sefs in stasis
Risk interdealer rankings 2011: Brokers
Talk, don't talk
Asia Risk interdealer survey 2009: Brokers
Interdealer brokers showed their mettle during the worst periods of the financial crisis, but have subsequently been rewarded by thin margins and low volumes across asset classes in the past six months.
Adapt to survive
Brokers
BGC names Aubin global head of listed products
Interdealer broker BGC has appointed Jean-Pierre Aubin as global head of listed products, based in New York.
BGC hires head of fixed-income e-commerce
Andrew Stone has been appointed head of fixed-income products for e-commerce at London-based interdealer broker BGC.
Cantor to merge eSpeed and BGC
New York financial services provider Cantor Fitzgerald has announced that it will combine its electronic brokerage eSpeed, also based in New York, with its BGC Partners inter-dealer broker, to create BGC Partners Inc.
BGC hires first chief financial officer
London-based voice and electronic brokerage BGC Partners has appointed its own chief financial officer for the first time.
BGC admits "material weakness" in reporting ahead of IPO
Interdealer broker BGC has admitted a "material weakness" in its internal accounting, which it says could put it in breach of the US Sarbanes-Oxley Act after it lists its shares later this year.
Tradition hires five in inflation
Interdealer broker Tradition has added to its inflation team across Europe and appointed a new desk head, John Cullen.
JP Morgan uses T-Zero for prime brokered CDS
New York-based technology firm T-Zero has announced its prime brokerage electronic affirmation utility has been used by a JP Morgan client for the first time.
BGC launches property derivatives joint venture
Inter-dealer broker BGC has launched a property derivatives joint venture with Cushman & Wakefield, a US-based real estate group. The venture, called Cushman & Wakefield BGC, will provide strategic solutions and execution services across the European…
BGC appoints global head of inflation
Inter-dealer broker BGC has promoted D’Arcy Miell to global head of inflation products at its London headquarters. He moves from the broker’s New York office, where he worked as a director of US inflation derivatives for the past three years.
BGC poaches four-strong Icap derivatives team
BGC Partners has hired a four-strong Scandinavian foreign exchange forwards and derivatives team from interdealer broker rival Icap in Copenhagen.
BGC to launch hybrid dollar repo trading platform
Interdealer broker BGC of the United States plans to go live with a combined voice and electronic US dollar repurchase agreement (repo) trading platform early next year.
Collins Stewart merges G-7 currency options desks
Collins Stewart Tullett has merged the Group of Seven currency options desks of its Tullett Liberty and Prebon Yamane subsidiaries in London and Asia.