Three quarters of US futures brokers feel they are on top of regulatory change
US futures brokers feel they have
weathered the regulatory storm that has battered them since the
banking crisis of 2008 and may see a 5% revenue hike this year,
according to a new study.
A report from US research house Tabb found
almost three quarters of the largest US Futures Commission
Merchants (FCMs) said they are handling the pace of regulatory
FCM profitability has forced many firms to
shrink their businesses in recent years and remains "a big
challenge" for 70% of respondents but 2016 is looking like a
positive year for these firms, the report concluded.
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