Tradition prepares for launch of Forex ECN, now called ParFX
Adds Mitsubishi UFJ and Nomura as liquidity banks. France's Tradition S.A. announced that two leading Japanese banking groups, Mitsubishi UFJ and Nomura, are joining nine other banks (Barclays, BNP Paribas, Deutsche Bank, Morgan Stanley, Royal Bank of Canada, SEB, Standard Chartered, State Street and UBS) in backing Tradition's yet-to-be-launched spot Forex ECN, to be called ParFX. Tradition had previously…
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