Fimat's recent purchase of Japanese commodity broker
Himawari is an indicator of the firm's bullish view on the
country's markets and the future prospects of commodity
The purchase, which was finalised on 15 May (see FO
Week Vol 12 No 20), saw Himawari bought out for Y1.1bn
($9.1m) and provides the French brokerage with memberships of
Tokyo Commodity Exchange, Tokyo Grain Exchange and Central
Japan Commodity Exchange.
According to Julien Le Noble, managing director at Fimat Tokyo,
the purchase reflects a growing confidence in Japanese
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