CME Clearing Europe, CME Group’s European multi-asset clearinghouse, reports the promotion of Tina Hasenpusch to CEO. She will replace Lee Betsill, who will be returning to CME Group’s Chicago headquarters as managing director, global clearing operations, CME Clearing. “Hasenpusch will be responsible for continuing to grow the business and will work with customers to address their… Read More >>
BGC Partners Moves Closer to Acquiring GFI Group
Interdealer broker BGC Partners is now tantalizingly close to wrapping up its hostile takeover of rival GFI Group after a bid by CME Group fell apart last Friday, with only 1.7 percent of outstanding GFI shares standing between BGC and the prize it’s sought since September. BGC officials are hoping that by extending its $6.10-per-share… Read More >>
GFI Shareholders Kill CME Offer as BGC Bid Still Stands
Shareholders at interdealer broker GFI Group rejected a takeover bid by trading exchange giant CME Group on Friday, Jan. 30, a move that could clear the way for interdealer broker BGC Partners’ rival offer. However, on Monday, Feb. 2, GFI Group’s board of directors issued a statement stressing that there are alternatives to the BGC… Read More >>
Options Opens Belfast Office
Options, a private financial cloud provider for the capital markets industry, reports that it has opened a new office in Belfast, Northern Ireland. The office is expected to create a total of 31 new financial technology jobs, according to a company statement. Options currently employs more than 100 staff globally and has already started hiring… Read More >>
