R.J. O'Brien to Acquire The Kyte Group from GFI Group
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GFI Group (GFIG) to Sell Kyte Group
March 11, 2015 6:31 AM EDTR.J. O'Brien & Associates (RJO), the oldest and largest independent futures brokerage and clearing firm in the United States, and GFI Group (NYSE: GFIG), a leading intermediary and provider of trading technologies and support services to the global OTC and listed markets, announced that RJO's affiliate, R.J. O'Brien Europe Limited (RJO Europe), will acquire GFI's subsidiary, The Kyte Group Limited (Kyte). Terms of the transaction were not disclosed. The UK Financial Conduct Authority (FCA) has approved the transaction, which is expected to close no later than March 17. After closing of the... More
