Banks and market-makers back BGC’s FMX
A
consortium
of
10
banks
and
market-making
firms
is
investing
$172
million
in
BGC’s
electronic
trading
and
exchange
business,
called
FMX.
The
deal,
which
gives
FMX
an
implied
valuation
of
$667
million,
underscores
BGC’s
ambitions
to…