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Interdealerbroker BGC has completed its acquisition of Radix Energy through its new subsidiary BGC Radix Energy Singapore Branch.
The company stressed that the importance of the deal in allowing the firm to offer its clients voice and electronic...
"While we support its overall direction, a number of the requirements in the review are needlessly oppressive, particularly the proposed limits on execution-only business and bilateral execution. Additionally, the swathe of costly disclosure obligations is more likely to confuse than inform customers.”
The FOA's Anthony Belchambers responds to the EC's Mifid review.