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Posts tagged as: Lawyers

DRW sues CFTC

21 comments / September 18, 2013

DRW, one of Chicago’s top of the bill trading firms, has filed a lawsuit against watchdog CFTC. It’s a strange story – at first it sounds like we have a bad loser in the game. But no such thing. The real news seems to be the CFTC is lacking critical expertise. Interest rate swaps andRead more

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IMC and their lawyers

13 comments / June 25, 2013

Last year’s profits at IMC Financial Markets have been 78 million, roughly half of the results over 2011 (162 million). Trading revenue was down to 342 million from 470. Nevertheless Rob Defares was happy with the results. According to him the markets are getting more professional with less margins, but with new technological investments theirRead more

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