Return of the voice broker
Against a backdrop of mergers, joint ventures and the continuing march towards e-broking, Cantor's move marks a sea-change in the FX broking industry and indicates the voice market may not be as dead as some had believed.
"The inter-dealer business is as healthy as I've ever seen it," said Lee Amaitis, Cantor's former president and chief executive for Europe and Asia, who becomes chairman and chief executive of new firm BGC Partners. "After so much emphasis on pushing everything electronic, the
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