Finance Feeds logo

Japanese broker Excite One terminates offering of Trading Station and macaso

Maria Nikolova

The access to social trading platform macaso and online trading platform Trading Station will be terminated on September 30, 2020.

Japanese brokerage Excite One will stop providing FX services. The company has called the news disappointing but has not provided any details on the rationale for such a move.

The change means that social trading service “macaso” and online trading platform Trading Station will no longer be available to clients of the broker, effective September 30, 2020. The financial instruments business will cease to operate on Wednesday, October 21.

Customers who currently hold positions in “macaso” and “Trading Station” must have those settled by 6:00 AM on September 19, 2020 (Japanese time). Positions that have not been settled by the deadline, will be closed by the broker after Monday, September 21, 2020.

Those seeking refunds are advised to proceed to “My Page” by September 23, 2020. If you do not make a withdrawal request by the deadline, the company will carry out the withdrawal procedure from your trading account on September 24, 2020 and refund it to the registered financial institution by September 30, 2020.

Subscribe

Read this next

Chainwire

BloFin Sponsors TOKEN2049 Dubai and Celebrates the SideEvent: WhalesNight AfterParty 2024

Platinum Spotlight: BloFin dazzles as the top sponsor of TOKEN2049 Dubai, elevating its status with the electrifying WhalesNight AfterParty 2024. Celebrate blockchain innovation and join the night where industry leaders and pioneers connect.

BloFin advertise of hte event
Institutional FX

Eddid helps HK crypto platforms with Bitcoin and Ether ETFs

The brokerage firm will help SFC-licensed virtual asset trading platforms with Bitcoin and Ether ETFs in Hong Kong.

Digital Assets

Cboe can save up to $15 million by closing crypto exchange

“Refocusing our digital asset business enables us to refine our strategy, leveraging our core strengths in derivatives, technology excellence and product innovation to help maximize opportunities for our business and deliver efficiencies for Cboe and our clients.”

Fintech

Sumsub adopts Europe’s new KYC standards for crypto

“Businesses are facing a rising regulatory tide where properly preparing for compliance is crucial. There is now a simple choice, whether to implement solutions that can deliver this, or instead risk significant financial and reputational damages.”

Chainwire

Bybit Web3 Launches Industry’s First Bitcoin Layer 2 Airdrop Campaign, Paving the Way for a New Bitcoin Era

Bybit, one of the world’s top three crypto exchanges by volume, is excited to announce that Bybit Web3 is launching the industry’s first Bitcoin Layer 2 Airdrop campaign through its Airdrop Arcade.

Bybit pacman gaming
Retail FX

Vantage observes results of US$100,000 donation to UNHCR

Vantage’s US$100,000 donation has helped approximately 788 refugees, internally displaced persons (IDPs), and returnees in 2023 alone.

Executive Moves

Tradition hires Michel Everaert to integrate data science and AI

“I am excited about the potential this offers, and look forward to building relationships and working with teams across the global business.”

Retail FX

IBKR extends US Treasury bond trading to 22 hours per day

US Treasury bonds are highly sought after by investors seeking stability and security in their portfolios as these instruments are often considered one of the safest investment options. 

Market News

Navigating Yen Depreciation and Euro Resilience in Global Markets

Amidst the persistent depreciation of the Japanese yen against the US dollar, pressure mounts on Japanese policymakers to translate their verbal assurances into tangible actions.

acy securities logo
<
✖