Cantor spin-off eyes tenfold commission increases

Cantor Fitzgerald, the money broker preparing to spin off its voice broking business, could earn ten times the commission on telephone-traded deals than from those executed through its electronic arm, eSpeed.

On Tuesday the company said BGC, the new business, would be ready by October and would employ 400 brokers.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire