ICAP finally forms broking JV

Stock Markets

Saturday, August 30, 2008 05:56:12

	ICAP finally forms broking JV By STAFF EDITOR Published: September 14, 2007 02:18 AM The China Foreign Exchange Trade System (CFETS), also known as the National Interbank Funding Center, received regulatory approval to form a voice-broking joint venture with ICAP, the world’s largest inter-dealer brokerage, the Shanghai Financial News reported. The joint venture, called Shanghai CFETS-ICAP, will provide RMB- and foreign currency-denominated broking services for the ... You are currently reading 55 words of 167 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: Central Bank , investment , currency , foreign exchange , EA , UBS	More Articles in Stock Markets > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Shanghai stocks sees record daily gain Shanghai banks lose US$405m last year to stock markets China Merchants Property wins approval for US$1.17b share issue Hunan Publishing to list units Saving the market would be saving China’s economy Overseas commodities products pressure yuan re-evaluation P&G to offer offshore stock options to mainland staff

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