LOOSE CHANGE
LOOSE CHANGE
Hornblower Fischer is in the preliminary stages of setting up a foreign exchange trading operation, sources there say. The futures commission merchant is currently shopping for a back office system to support the operation, but officials there declined to comment further. "It's still in its really early stages, maybe you can call us back in two months," a source there says.
The Bank of Japan reports that dollar/yen turnover in Tokyo slowed last week on an average daily basis. Although the
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