GFT exits retail FX in US and Japan

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Foreign exchange brokerage GFT has pulled out of retail FX in the US and Japan as it repositions itself for maximum capital efficiency under new regulations, the firm has announced.

"We are obviously disappointed to be leaving any markets where we compete and certainly are thankful for the time and resources invested by our teams globally to build them to this point. After careful evaluation of the global markets and the challenges our industry is facing today, we made the strategic decision to

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