Rakuten Securities Inc, the current owner of FXCM Japan and FXCM Asia, once owned by FXCM Inc, today announced some financial metrics for the fiscal year to March 31, 2016. Rakuten Securities, a part of Rakuten Inc (TYO:4755), posted operating revenues of JPY 55 billion for the 12 months to March 31, 2016, whereas the…
Read moreIn 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 –…
Read moreFXCM Asia, formerly a part of FXCM Inc (NYSE:FXCM) and currently a wholly owned subsidiary of Rakuten Securities, today announces its pending rebranding. FXCM Asia Limited (FXCM Asia) will be rebranded as Rakuten Securities Hong Kong Limited (Rakuten Securities HK) on April 21, 2016. This serves to reflect the company business development after Rakuten Securities,…
Read moreFXCM Asia, formerly a part of FXCM Inc (NYSE:FXCM) and currently a wholly owned subsidiary of Rakuten Securities, has issued an Important Notice to its clients. The Hong Kong-based Forex broker notes recent market swings and asks its clients to pay attention to margin levels in order to make sure that they have sufficient funds to…
Read moreRakuten Securities, the new parent company of FXCM Japan and FXCM Asia, has earlier today posted its key financial metrics for the first nine months of its fiscal year to March 31, 2016. The reporting period, which comprises the nine months to December 31, 2015, was quite active for Rakuten Securities, part of Rakuten Inc…
Read moreFXCM Asia Limited, a former subsidiary of FXCM Inc (NYSE:FXCM), has informed its clients that it will be releasing a substantial update to the Trading Station Desktop platform. FXCM Asia, which was acquired by Rakuten Securities, Inc., a subsidiary of Rakuten Inc (TYO:4755), says the update will go live on January 9, 2016. After market…
Read moreFXCM anticipates repaying $33 million outstanding under its agreement with Leucadia and will have repaid $115 million to date, leaving $195 million remaining.
Read moreFXCM Asia Limited says it will continue to service Hong Kong forex traders as “FXCM Asia powered by Rakuten Sec”.
Read moreThe imminent sale of FXCM's Hong Kong operations to Japanese giant Rakuten Securities is " is another positive step towards FXCM completing its plan to sell non-core assets and repay the Leucadia loan" says Drew Niv, CEO of FXCM
Read moreFXCM Asia Limited, the Hong Kong-based subsidiary of FXCM Holdings LLC, has sent its clients emails, informing them of changes to their client agreements. The changes concern the sensitive issue of negative account balance protection: according to the revision, clients of the Forex broker will be made fully responsible for any debit balances on their…
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