IBJ Plans Global FX Options Book In Bid To Regain Competitive Ground
BANKS
Industrial Bank of Japan (IBJ) is planning to introduce a 24-hour global currency options book in November in a bid to regain competitive edge over foreign banks in Tokyo, sources say.
The first step will be to integrate management of currency options at IBJ's Tokyo and London offices but it is also envisaged that New York will be included later, although no timeframe is available from official sources.
"Our global book system is intended to enhance the bank's customer service, especially in Tokyo
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