Greenwich Survey Finds Japanese Increasingly Sophisticated In Forex

CORPORATES

Analysts point to a "substantial" increase in sophistication of Japanese foreign exchange users, in Greenwich Associates' recently released annual report on Japanese Foreign Exchange Services for 1994. They point out the increasing use of FX options, trading for profit and the growing number of Japanese companies dealing outside normal Tokyo hours as evidence of this trend.

The Greenwich report is based on interviews conducted in July and August 1994 with 172 of the largest corporations and non

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