...Plans Japanese FpML Group

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...Plans Japanese FpML Group

The International Swaps and Derivatives Association is planning to set up a Tokyo-based working group to focus exclusively on the growing role of a computer language created for the securities industry. Masahiro Hosomi, general manager of the business development office in the structured products division at Mitsubishi Securities and an ISDA board member, said it will likely be up and running early in the new year. Hosomi will spearhead the effort.

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