Greg Feirman1

GFI Group Is Not Your Typical Brokerage

A key worry with GFIG also appears to be any exposure they might have on their balance sheet to paying out on any credit default swaps should someone go under. They keep saying they have no exposure on their balance sheet and act only as a broker. But these fears have weighed on their share price, unfairly in my opinion.

What makes you so sure GFIG would be a primary beneficiary of any centralized clearing house? Wouldn't the bigger brokers try to muscle in and take over this lucrative business?