April 03, 2015 BY Maria Nikolova

FXCM Japan bids farewell to clients, becomes subsidiary of Rakuten Securities

FXCM Japan Securities Co., Ltd today addressed its customers to officially confirm that it is now a subsidiary of Rakuten Securities, arm of Rakuten Inc (TYO:4755). The announcement said the deal that saw Rakuten Securities pay $62 million to acquire the Japanese operations of US Forex broker FXCM Inc (NYSE:FXCM) was successfully completed on April 1,…

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