CFTC approves BGC Group to trade US Treasury and SOFR futures on FMX
Fenics Markets Xchange combines BGC’s low latency electronic trading platform for US Treasuries, Fenics UST, and FMX US futures trading on one platform.
Tag: BGC
BGC appoints Fenics global head of data operations from CME
Ray Bencheikh joins BGC’s Fenics Market Data division to lead data operations globally after previously working at CME, NEX Group and ICAP.
Algomi founder departs BGC for head of electronic bond trading role at MUFG
Stu Taylor will lead electronic trading for fixed income at MUFG after departing BGC following its acquisition of Algomi.
BGC veteran and president to step down from role
Shaun Lynn, who has been credited with spearheading BGC’s move to spin out from Cantor Fitzgerald, will step away from the day-to-day operations of the business.
BGC closes acquisition of Algomi
Algomi will be integrated with BGC’s electronic trading and software division Fenics, after the deal closed late last week.
BGC to pay $3 million for voice trading and reporting violations
The CFTC found that BGC failed to capture voice trade communications over five years.
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.
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.