Amigo Posted September 19, 2018 Share Posted September 19, 2018 Just came across this anouncement of today. I'm not an expert on forex markets. Any thoughts on this? http://www.sbigroup.co.jp/news/2018/0919_11259.html Google translated version: About SBI Group's start of business of BYFX Global Co., Ltd. , a foreign exchange trading service company for foreign markets inShare September 19, 2018 SBI Holdings Co., Ltd. BYFX Global Co., Limited (Headquarters: Cayman Islands, Representative: Zhu Zhi, hereinafter "BYFX Global"), a subsidiary of Foreign Exchange Trading Service Company, started operations on September 19, 2018 We are pleased to inform you that we are offering online shop front foreign exchange margin trading (FX) trading service for customers. BYFX Global will provide services that can demonstrate its superiority in the global market while taking advantage of the know-how and knowledge of the FX related business that the SBI Group has cultivated in Japan and overseas. In addition to the foreign exchange trading service for individual investors and Japanese institutional investors such as financial institutions that began offering, in the future on the premise of approval from the authorities concerned, the margin trading of precious metals and in kind We are planning to start trading service. In the SBI group, SBI Liquidity Market Co., Ltd., which has the largest number of covered business partners in the industry consisting of 30 major banks, etc., has ample transaction liquidity, and in Japan domestic SBI SECURITIES CO., LTD. SBI Sumishin SBI Net Bank shares The company, SBI FX Trade Co., Ltd. develops FX service and its customer base boasts the industry's largest number of accounts and the outstanding amount of deposits (as of July 2018. According to our company). In Hong Kong, BYFX HK Co., Ltd., a foreign exchange trading company in Hong Kong, has integrated FX pricing from SBI FX Trade Co., Ltd. and other covered suppliers from around the world, and from the institutional investors in Asian countries via Hong Kong We have acquired liquidity of FX transactions. The SBI Group will further enhance the liquidity of FX transactions within the group by further promoting the global expansion of FX related business as a foothold of BYFX Global which was launched this time, and the OTC market boasting the world's best liquidity of transactions We will aim to establish. Cesar1810 1 Link to comment Share on other sites More sharing options...
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