FX Markets

Tradition makes inroads into Malaysia and South Korea

Robin Houldsworth, Tradition chief executive in London, told FX Week the firm is positioning itself early to take full advantage of market opportunities seen developing across Asia. "Asian countries are expressing a desire to commoditise their markets so they can jointly form a competitive trading block for yen-related products," he said.

Tradition's stake in First Taz, the maximum allowed by local regulation, was acquired earlier this quarter. Tradition now offers a full range of local currency

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