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South Korea's Mirae Asset to acquire Japan's Okasan Securities' proprietary stock trading unit for up to $32 million
South Korea's Mirae Asset Securities will acquire a brokerage owned by Japan's Okasan Securities, a deal worth up to $32 million, to begin proprietary stock trading in Japan. Mirae Asset will also discuss further cooperation with Okasan Securities, including selling exchange-traded funds to Okasan customers, as foreign financial firms see opportunities in Japan's booming stock market.
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