There is a lot of uncertainty out there but futures will prevail
Kyte is one of the best known names in the
London futures market, having started in the Liffe pits some 30
years ago, but this week sees another twist in its story.
FOW reported on Wednesday that
Kyte’s clearing arm is in late stage talks to be
sold to RJ O’Brien, the US commodities
The brokerage business, we are told is
staying under current owner GFI, and will, before too long, end
up either being bought by CME and sold back to GFI management
or BGC Partners, the two groups vying for ownership of the
This article is available to subscribers and registered users
Please log in to continue reading.
Not yet registered? Take a free trial.
If you have already taken a free trial you
have ongoing access to the analysis section of FOW.com including this story.
Log in using your details below to read.
Already have an account? |