Two Forex Brokerage Shops Announce Tie-Up In Tokyo
BROKERS
TOKYO--The shake-up in the Japanese FX market continued last week, with the announcement of a merger between two derivative, money market and forward FX brokerage shops.
The deal has been struck by Nittan Exco and 'Yagi Euro', Euro Brokers' Tokyo-based joint venture. Assuming the merger receives final approval, the agreement will include the creation of two separate, but linked operations by the end of the year. One of these will specialize in derivatives, and the other in money markets and
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