Plans come seven months after futures division acquired from KCG
Wedbush Securities futures division is
readying itself for expansion, just seven months after the
division was acquired from KCG, with plans to open a London
office by the end of the summer.
The Chicago-based firm said the new London
play is part of a long-term development plan which will lead to
a growing presence in Europe.
Targeting the growing opportunity created
by consolidation and bank deleveraging across the industry,
senior vice president and co-head of futures at Wedbush, Carl
Gilmore, told FOW that he is confident that the growing firm
can service this space, and service it well.
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