RJ O’Brien plots expansion into US Treasury clearing
Chairman and CEO says futures house plans to capitalise on SEC’s new mandate for interdealer trades
In the 1970s, Chicago-based futures brokerage RJ O’Brien & Associates would send the owner’s son Bob O’Brien on trips to visit clients in places like Paris and Washington DC.
The only catch was that its clients were mostly cattle ranchers. This meant that the younger O’Brien, who would become company president in 1975, was travelling not to the French and US capitals but to Paris, Illinois and to
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