Financial Times FT.com

Correction: GFI Lex note

Published: March 19 2008 18:42 | Last updated: March 19 2008 18:42

* An early version of the online Lex column on Wednesday suggested that GFI, the inter-dealer broker, has a substantially different business model from its peers. That is not the case. GFI Group is mainly an agency broker for OTC derivatives, with no principal exposure, courterparty risk or proprietary trading book in that business.

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