Aegis buys hedge advisory book from sanctioned firm
Commodity hedging company – which launched Sef last year – hoovers up business from entity that was fined for running unregistered Sef
US commodity hedging firm Aegis Hedging Solutions has bought an entire portfolio of advisory business from a Texas-based company that was recently fined by a US regulator for running an unlicensed swaps trading platform.
The move is the latest sign of the consequences – and possible opportunities – for commodity trading advisers (CTAs) following a regulatory clampdown on the way over-the-counter commodity swaps are brokered and recorded.
Aegis acquired the hedge advisory book of Arm Energy, an
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