FXCM Japan Revamps Margin Schedule for GBP Pairs

FXCM Japan, the former subsidiary FXCM (NYSE:FXCM) has instituted a new margin schedule for a number of British pound (GBP) currency pairs, according to an FXCM statement.

Explore the Japanese FX and Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term Scene at Tokyo Summit 2015

FXCM Japan recently became part of Rakuten Securities following its acquisition earlier this year for the sum of $36 million. The changes are slated to take effect on Monday, June 22, 2015, and will encompass the following currency pairs:

• GBP/USD (British pound/US dollar)
• GBP/JPY (British pound/Japanese yen)
• GBP/AUD (British pound/Australian dollar)
• GBP/NZD (British pound/New Zealand dollar)
• GBP/CAD (British pound/Canadian dollar)

Moreover, it should be noted that up until June 20, 2015, maintenance margins of 1,000 per currency unit will be applied per ¥8,000.

Rakuten Securities is one of the five largest foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (FX) brokers in Japan, itself a subsidiary of Rakuten, Inc., one of the world’s largest Internet services companies.

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