ODL Securities enters Japan
ODL Securities Limited has recently opened a branch office in Tokyo, Japan to trade spot and forward foreign exchange, gold & silver.
First Published by e-Forex News: July, 2006
ODL Securities Limited has recently opened a branch office in Tokyo, Japan to trade spot and forward foreign exchange, gold & silver. Regulation in the Japanese FX market was introduced in January 2006 and ODL is one of the first foreign companies to be fully regulated by the Financial Services Agency, the Japanese equivalent of the Financial Services Authority to undertake foreign exchange business in Japan.
Alex Mackinnon<br><br>Alex Mackinnon, Global Head of Forex said Japan is one of the most exciting and fastest growing margin forex markets in the world. And with the recent introduction of regulation, all un-regulated companies have had to cease trading. This means that the market will become more professional and increasingly demanding for companies operating there. ODL are one of the few companies to attain regulation and look forward to the challenge of growing their Japanese market share in the future.