Daiwa Securities Opens Branch in Sydney

Economy

Tokyo, July 8 (Jiji Press)--Daiwa Securities Group Inc. <8601> said Monday that group company Daiwa Capital Markets Singapore Ltd. has opened a branch in Sydney.

It started operations on the day.

Until now, Daiwa Capital Markets Australia Ltd., in Melbourne, was the only affiliated company based in the country.

The Sydney branch will offer fixed income-related services mainly for Australian institutional investors, according to Daiwa Securities Group.

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