FCMs were last week jockeying for a foothold in China with a number of US, European and Chinese firms looking to make deals.
ABN Amro edged closer to completing its deal with Galaxy Securities, while other FCMs attending the China Derivatives Forum in Shanghai said they were pursuing joint ventures as well.
Steve Ng, ABN Amro's managing director and regional head of Asia, told FO Week that it will most likely complete its deal in a matter of...