Nissan Century Securities Buys Japanese FX Broker Seven Investors

Thursday, 18/04/2013 | 08:23 GMT by Ron Finberg
Nissan Century Securities Buys Japanese FX Broker Seven Investors
nissan century logo

Nissan Century Securities, part of the Unicom Group of companies has announced the purchase of Seven Investors, a Japanese retail FX broker. Nissan Century is a cross asset broker, providing clients with direct trading to the Tokyo Stock Exchange , Tokyo Commodities Exchange , Osaka Securities, and EUREX. The broker was an early provider of FX trading, with parent group Unicom launching the product in 2001 and has a greater than 50% market share of exchange based FX trading on the Osaka Securities Exchange.

While Seven Investors is a relatively small broker, it matches together MetaTrader firms. As opposed to the rest of the world, MetaTrader only has a small hold on the Japanese market. Nissan Century currently provides traders FX trading through the MT5 platform, while Seven Investors offers MT4 and FXCM’s Trading Station II. Therefore, the deal is worth watching on two angles. One, will the combined firm’s lead to FXCM gaining an additional conduit for offering its services, or will Nissan Century suspend the partnership and retain the order flow themselves? Two, if the firms achieve success with EAs and the MetaTrader platform it could lead to more Japanese brokers following suit to offer the product.

Monetary details of the size of the transaction are yet to be disclosed.

nissan century logo

Nissan Century Securities, part of the Unicom Group of companies has announced the purchase of Seven Investors, a Japanese retail FX broker. Nissan Century is a cross asset broker, providing clients with direct trading to the Tokyo Stock Exchange , Tokyo Commodities Exchange , Osaka Securities, and EUREX. The broker was an early provider of FX trading, with parent group Unicom launching the product in 2001 and has a greater than 50% market share of exchange based FX trading on the Osaka Securities Exchange.

While Seven Investors is a relatively small broker, it matches together MetaTrader firms. As opposed to the rest of the world, MetaTrader only has a small hold on the Japanese market. Nissan Century currently provides traders FX trading through the MT5 platform, while Seven Investors offers MT4 and FXCM’s Trading Station II. Therefore, the deal is worth watching on two angles. One, will the combined firm’s lead to FXCM gaining an additional conduit for offering its services, or will Nissan Century suspend the partnership and retain the order flow themselves? Two, if the firms achieve success with EAs and the MetaTrader platform it could lead to more Japanese brokers following suit to offer the product.

Monetary details of the size of the transaction are yet to be disclosed.

About the Author: Ron Finberg
Ron Finberg
  • 1983 Articles
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About the Author: Ron Finberg
Ron Finberg, a specialist in regulatory issues, brings clarity and depth to finance news
  • 1983 Articles
  • 8 Followers

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