GFT gains Japan approval
NEWS
On December 28, 2005, the FSA, Japan's financial services regulator, confirmed that GFT met the necessary operating requirements for offering forex-margin trading to Japanese investors.
GFT, which applied for its FSA licence in late 2005, has joined 93 Japanese companies currently holding the licence.
Muhammad Rasoul, executive vice-president and chief operating officer at GFT, said that in Japan, interest is not earned on money that is deposited in banks, as it is in some other countries, so
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