oneZero Financial Systems, a provider of institutional and retail foreign exchange (forex) Liquidity and technology solutions, announced this Wednesday that it has added a new member to its Ecosystem - Rakuten Securities, Inc.
Rakuten Securities is a leading brokerage in Japan which services more than three million clients across Asia. By joining oneZero’s liquidity hub, the brokerage will deliver contracts for difference (CFD) indices through MetaTrader 4 to its customers based in Australia, through its Aussie subsidiary Rakuten Securities Australia.
Rakuten Securities Australia is a forex, indices and metals broker. The company uses MT4 as a White Label of Rakuten Securities, Inc. The subsidiary is located in Australia’s largest city - Sydney.
oneZero’s Ecosystem encompasses over 200 participants, including banks, brokerages, and various hedge funds. It is the largest global network of multi-asset class liquidity and a highly progressive model both in terms of software and the access it provides to a broad list of derivative products.
Commenting on the partnership, Hiroaki Nagakura, Executive Officer FX Division Foreign Exchange Business Unit of Rakuten Securities, Inc. said: "We are pleased to have oneZero as a distribution partner for CFD indices given their excellent relationships with major financial institutions and their reputation for stable connectivity and solid software implementation within Japan and abroad.”
Rakuten Securities is the Latest Broker to Join the OneZero Ecosystem
The Japanese broker follows a long list of brokerages who have joined oneZero’s Ecosystem. As Finance Magnates has previously reported, some of the more recent firms to join oneZero include GMI UK, a provider of online leveraged forex trading, WOW TRADER, Tradesmarter’s proprietary B2B platform for CFD trading, and GO Markets, an Australian forex and CFD broker.
Andrew Ralich, Co-Founder and CEO of oneZero
"We are excited to have Rakuten Securities, Inc. connected with our EcoSystem of top-tier Liquidity Providers . Our institutional clients will benefit from this partnership by accessing CFD indices through a major international broker," added Andrew Ralich, the CEO of oneZero Financial Systems.
Under the agreement, oneZero Financial Systems will also provide language support in Japanese in order to support the broker's clients.
