Named as world's third largest retail Forex broker in the latest Quarterly Intelligence Report by Finance Magnates
TOKYO, April 17, 2017 – Rakuten Securities, Inc. (“Rakuten Securities”), a wholly owned subsidiary of Rakuten, Inc., a leader in global innovation headquartered in Japan. In the period between October and December 2016, the company achieved a trading volume of US$269.4 billion in Forex distinguished itself among other counterparts in Japan, ranked as the world’s third largest retail broker in the Q4 2016 Quarterly Intelligence Report by Finance Magnates published on March 6, 2017.
Since beginning forex trading under the name “Rakuten FX” in June 2008, Rakuten Securities has worked to improve its service by expanding the range of available currency pairs, drastically minimizing the spread on trades and developing forex-specific trading tools such as “MARKETSPEED FX.”
Rakuten Securities has further driven growth in trading volume through such initiatives as the acquisition of FXCM Japan Securities in 2015 and establishing subsidiaries in Hong Kong and Australia. Rakuten Securities’ increased popularity and subsequent rise to become the world’s third biggest forex trading broker, according to the Q4 2016 Report of Finance Magnates, is a result of these actions.
www.sec.rakuten.com.hk/en/press-release/2017-04-17/