BGC Partners ups the ante with Brazilian acquisition
Liquidez has offices in Sao Paulo and Rio de Janeiro, and provides broking services for foreign exchange derivatives, commodities, credit, equities and interest rate products. The company accounts for about 12% of all contracts traded on the Brazilian Mercantile and Futures Exchange, making it the second-highest ranked broker in Brazil. The firm's brokerage revenues have boomed in recent years, reaching approximately 51 million reais ($26 million) in 2007, up 71% from the previous year.
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