LeapRate's Daily Forex Industry Newsletter
Join now to receive first access to our EXCLUSIVE reports and updates.
Screenshot of a breaking news alert e-mail from Q2 2017
In tune with LeapRate’s earlier report, FXCM Asia, formerly a part of FXCM Inc (NYSE:FXCM) and currently a subsidiary of Rakuten Securities, has officially rebranded as Rakuten Securities Hong Kong Limited (Rakuten Securities HK).
Led by the motto “Amplify Your Forex Trading Power”, the company now has a new logo and a new website – www.sec.rakuten.com.hk.
Rakuten Securities, Inc. acquired FXCM Asia Limited on September 11, 2015, as FXCM Inc (NYSE:FXCM) was seeking to raise funds to repay the loan extended to it by Leucadia in the wake of the Swiss franc events from January 15, 2015.
Earlier in 2015, FXCM Inc sold its Japanese operations to Rakuten too. The transaction, which closed on April 1, 2015, valued FXCM Japan at $62 million.
Rakuten Securities HK provides trading services with the protection of local regulation by the Hong Kong Securities and Futures Commission (SFC).