GHCO, Nihon to set up prop unit in Japan

Goldenberg Hehmeyer (GHCO), a Chicago based FCM focusing on electronic proprietary trading services, will shortly begin trading on Tokyo Commodity Exchange (Tocom) under a joint venture with Japan's Nihon Unicom, sources told FO Week. Details were expected to be announced shortly after FO Week went to press.

First announced in October 2004, the 50/50 joint venture,...