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Daiwa Futures Selects Online FX System

Daiwa Futures, one of Japan’s largest futures commission merchants, has selected FNX’s Sierra System to provide an online FX, FX option, and international futures trading system. The move will allow the firm to deliver its trading service over the internet, supported by seamless STP for all traded products, including real time limit and margin checks. Implementation will take place in Daiwa Futures’ Tokyo office, with an expected rollout to a global audience in mid 2000.

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