The unit was not seen as key to the merger of Getco and Knight Capital
Wedbush Securities has completed the
acquisition of KCG’s futures brokerage in a deal
that significantly strengthens its cross-asset execution and
agency clearing business.
The deal, which was announced in
September, will see Carl Gilmore take on the role of co-head of
Wedbush’s futures division and around 45 staff
transfer over from KCG.
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