Jumping the fences

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The success, and even the survival, of interdealer brokers such as BGC has come as a surprise to some. "Ten years ago, most people thought we would be extinct by now," says Lee Amaitis, the New York-based broker's chairman and chief executive. "But brokers are back in vogue."

Part of the reason is that the major brokerage firms have evolved with the times. Two development trends were expected to kill off the interdealer brokers - the movement of products from over-the-counter markets to exchanges

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Risk Technology Awards 2022

The 2022 Risk Technology Awards recognised products and services that helped firms steer through the Covid-19 pandemic, a testament to the winners’ resilience in the face of unprecedented disruption and the key role they play in today’s markets. This…

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