Eight of the top 10 US FCMs saw client business grow in November 2016
Goldman Sachs has strengthened its
position as the top US futures broker, according to new data
from the US Commodity Futures Trading Commission.
With a 21% growth in customer business to
$26.4 billion between October and November last year, Goldman
Sachs was the strongest growing tier one futures commission
merchant (FCM) in the US.
This sudden increase widened the gap
between Goldman and JP Morgan, the second largest FCM, to $6
billion from a $2 billion gap in October. JP Morgan's futures
broking business grew 3% in the month to $20.3bn, according to
the CFTC data.
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