MUFG, FXall, Chi-X


Tokyo-headquartered Mitsu­bishi UFJ Financial Group (MUFG) and Morgan Stanley have recently reached an agreement to integrate their securities operations in Japan, effective May 1. The firms will collaborate in a number of business and product areas in Japan. Two of the joint ventures have been dubbed Mitsubishi UFJ Morgan Stanley Securities (MUMSS) and Morgan Stanley MUFG Securities (MSMS). Earlier this year, MUFG acquired a 21 percent stake in Morgan Stanley

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