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Mitsubishi Joins FXall

The Mitsubishi Trust and Banking Corporation is joining multibank portal FXall. According to Mitsubishi, more than 50 asset managers trade FX through its desks, and it expects to handle 70% of their transactions electronically.

FXall has been making a steady push to increase its institutional coverage, which represents 65% of its client base currently, compared to 45% last year.

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