logo

Citigroup challenges New York brokerage fees


Citigroup was last week challenging floor brokers' execution fees and has offered to pay about half of the current rates for floor trades on New York Board of Trade (Nybot), New York Mercantile Exchange (Nymex) and Comex.

FO Week has learned that the bank passed out a memo with a new...

The rest of this article is for subscribers only. Would you like to take a free trial?

Free trial

  • News & Analysis access
  • Extensive data searches
  • Access to archive
  • Weekly newsletter

“The banks are investors too. I can’t favour investors with inside information – that’s basically what this is.”

TAM's treasurer voices frustration with Brazil’s new derivatives registration initiative.