Tag: Forex consolidation

December 30, 2016 BY LeapRate Staff

Top Forex Industry Stories of 2016

Hard to believe, but 2016 is just a couple of days from officially becoming history. And history was indeed made in the Forex sector during 2016. When looking at the top Forex Industry stories and themes of 2016, like in 2015, one storyline clearly stood above the rest in reshaping the sector for the months and…

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March 25, 2015 BY Maria Nikolova

Rakuten Sec to acquire FXCM Japan for $62 million

FXCM Inc (NYSE:FXCM), a giant in the retail Forex industry, announced today that Rakuten Securities, Inc., a subsidiary of Rakuten Inc (TYO:4755), will acquire its Japanese operations in a deal worth approximately $62 million. The definitive agreement has been reached amid FXCM Holdings, LLC and FXCM Newco, LLC (“FXCM”) and Rakuten. The deal will see…

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