Minex Revamps Corporate Structure; Raises ¥5 Billion More from Shareholders

DEALING & NETTING

In an effort to push its results into the black, electronic FX matching company Minex is altering its corporate structure and raising more capital from its shareholders, company officials confirm. The company, whose matching service lags behind rivals Electronic Broking Service (EBS) and Reuters Dealing 2000-2 in daily volume, is running at a loss due to poor volumes in the Tokyo FX market, they admit.

Minex's board voted on November 16 to set up an affiliate which will take over the function of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: