Inter-dealer brokers BGC and GFI in $25 million settlement for FX options fraud
BGC and GFI were accused of ‘flying’ and ‘printing’ fake FX options trades to deceive clients.
Tag: BGC
BGC fined $1.25 million for deleting audio records
BGC will pay fine after failing to provide audio records and data requested by US financial watchdog.
Icap loses e-Commerce chief to BGC
Icap has lost its second consecutive senior electronic trader, this time to rival inter-dealer broker BGC.
BGC hires former Eagle Seven COO to boost algo offering
Troy Kane joins the interdealer broker as head of algorithmic client development and strategy.