Nomura Holdings’ foreign exchange business will retain its own identity, despite the launch of a new global macro products group in July, FX Week reports. The new group was formed to bring rates and FX on a single platform.

The day-to-day operations of the forex and fixed-income teams are likely to remain separate. Instead, the combined group will look for areas of efficiency between FX and rates. E-commerce, technology and infrastructure, and operations will be a key focus.

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