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Japan's Only High-Speed Trader Moves to Singapore Citing Tax Rates
Dharmacapital, Japan's sole high-speed trading firm, has relocated its operations to Singapore. The company cited tax rates as the primary reason for its move.
25 Aug, 05:58 — 25 Aug, 07:55
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Moderate (32/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
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japan-times
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bloomberg
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Geographic diversity— 2 regions9/34
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bloombergHigh3h ago
Japan’s Only High Speed Trader Dharmacapital Moves to Singapore
Japan’s high frequency trader Dharmacapital Co. moved all its staff to Singapore earlier this month, according to people familiar with the matter, effectively leaving Tokyo with no such firms operating out of the city.
By Yasutaka Tamura
Read full article →japan-timesMostly Factual1h ago
Japan’s only high-speed trader Dharmacapital moves to Singapore citing tax rates
Comparatively high income tax rates and language barriers are among the factors cited by some finance professionals for choosing other cities over the Japanese capital.
Read full article →Coverage Timeline
First report: bloomberg · 25 Aug, 05:58|Full coverage: 2 · 2h|Window: 2h
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