Garban ETC and MTS Launch Japanese Government Bond Trading

TRANSACTION SYSTEMS

TOKYO--The Japanese Government Bond (JGB) market opened up to foreign electronic systems last week with the approval of both Garban's Electronic Trading Community (ETC) platform and MTS Japan. The two systems became the first to be approved by Japan's FSA regulatory body and began trading in the lucrative market on Friday.

Garban-Intercapital, owner of the ETC platform, is in the process of migrating the entire breadth of its voice-brokered liquidity over to ETC and is counting on this existing

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