BGC plans to open China office

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BEIJING – Interdealer broker BGC is to launch a money-broking business in March through a joint venture with its Chinese partner, investment trust company China Credit Trust.

The business is awaiting the final product licences from the China Banking Regulatory Commission, which will pave the way for it to become the fourth Sino-foreign joint venture interdealer broker to offer derivatives and bond markets broking in China.

Len Harvey, executive managing director and general manager at BGC

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