TITLE

Credit Crunch Good for Interdealer Brokers?

AUTHOR(S)
Kite, Shane
PUB. DATE
November 2007
SOURCE
Securities Industry News;11/19/2007, Vol. 19 Issue 40, p18
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the financial performance of interdealer brokerage GFI Group in the third quarter of 2008. The company attributed its positive third quarter results to volatility caused by the subprime debt crisis. Revenues tied to credit default swaps increased by 53% from the same period in 2006.
ACCESSION #
27634266

 

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