Refco’s demise aids competitors
ODL Securities has seen a 100% increase in its prime brokerage business which it is now seeking to launch to the wider market. The online platform is to market its prime brokerage capabilities that third parties can use over portals including Currenex and Hotspot.
Alex Mackinnon, head of FX at ODL, said: “We set up a white-label prime brokerage offering six months ago but it was fairly quiet until two weeks ago. It is now the busiest it has ever been laregely as a result of business migrating
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