Japanese only high-frequency trading firm Dharmacapital has moved its entire workforce from Tokyo to Singapore, highlighting the growing challenge facing the country as it competes with other Asian financial centres for trading talent and market-making businesses, according to a report.
The relocation was completed earlier this month, according to people familiar with the matter. Dharmacapital’s Singapore entity will now serve as the firm’s operating base, although Japan remains its largest mark...
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