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Bourse de Montréal fines derivatives broker

The regulatory division of Canada’s Bourse de Montréal has fined Fimat Derivatives Canada C$1,000 after one of its employees entered an electronic order before obtaining approval to work as a trader.

Reuters readies for swaps broking foray

UK electronic information and dealing systems provider, Reuters, appears to be positioning itself for a foray into the electronic broking of interest rate swaps. The company has reached an agreement in principle to take control of the rate swaps platform…

Weinstein resurfaces at Cantor

Bernie Weinstein, former president of Thomson Financial’s sales and trading group, will become a senior managing director at inter-dealer broker Cantor Fitzgerald on January 1, overseeing Cantor Market Data (CMD) and eSpeed’s Software Solutions business.

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