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Screenshot of a breaking news alert e-mail from Q2 2017
FXCM Japan has today announced to its customers that it is phasing out Mirror Trader, the social trading and automated execution system offered by Tradency.
On May 29, 2015, the sun will set on the service, with customers being asked to close any open positions.
LeapRate investigated the rationale behind this move, with sources having explained that subsequent to the sale by FXCM Inc (NYSE:FXCM) of FXCM Japan to Rakuten Securities in April, the new ownership has no plans to deploy the Mirror Trader platform in the immediate future.