Finance Feeds logo

SBI FXTRADE to add eight currency pairs to offering

Maria Nikolova

The new currency pairs, such as RYB/JPY and SEK/JPY, will become available to trade on December 16, 2019.

SBI FXTRADE Co., Ltd., a Forex trading subsidiary of Japanese financial services provider SBI Holdings Inc (TYO:8473), today announces expansion to its Forex instruments lineup.

In response to traders’ requests, the company will add eight currency pairs to its offering, including Russian ruble / Japanese yen and Mexican peso /Japanese yen. The additions take the FX currency pairs lineup available to clients of SBI FXTRADE to 34 currency pairs.

Below is the list of the new additions to the FX offering:

  • RUB/JPY;
  • BRL/JPY;
  • PLN/JPY;
  • SEK/JPY;
  • NOK/JPY;
  • MXN/JPY;
  • SGD/JPY;
  • USD/CNY.

Spreads for these eight currency pairs will be determined in due course. Trading in the new instruments is set to commence on Monday, December 16, 2019, at 7am.

SBI FXTRADE has been gradually expanding its offering. In October 2018, for instance, the company launched Forex options.

SBI has been building its foreign exchange business worldwide. In September 2018, BYFX Global Co., Limited, also a part of SBI Group, announced the launch of its retail and institutional business – offering clients around the globe top-tier liquidity and online OTC trading for Spot FX and Spot Bullion. The broker aims to bring clients a user-friendly and enhanced online trading experience: access to transparent and competitive pricing through aggregated liquidity from the SBI Group, international banks and tier-1 liquidity providers on its unique proprietary trading system DEP FOREX.

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
<
✖