SBI FXTRADE Co., Ltd., a Forex trading branch of the Japanese financial services company SBI Holdings Inc. (TYO:8473), today announced that it will extend the Forex instruments portfolio.
The firm would add eight currency pairs, including Russian ruble / Japanese yen and Mexican peso / Japanese yen, to its portfolio in response to traders ' demands. The acquisitions boost the roster of FX currency pairs to 34 currency pairs available to SBI FXTRADE customers.
The list of new additions to the FX offer is provided below:
RUB/JPY, BRL/JPY, PLN/JPY, SEK/JPY, NOK/JPY, MXN/JPY, SGD/JPY, USD/CNY.
Spreads will be determined in due course for these eight currency pairs. Trading in the new instruments will start at 7 a.m. on Monday, December 16, 2019.
SBI FXTRADE has expanded its offering gradually. For example, the company launched Forex options in October 2018.
SBI's foreign exchange business has been built around the world. BYFX Global Co., Limited, also part of the SBI Group, announced in September 2018 the launch of its retail and institutional business–offering top-tier liquidity and online OTC trading to customers around the globe for Spot FX and Spot Bullion. The broker aims to provide customers with a user-friendly and enhanced online trading experience: access to transparent and competitive pricing through aggregated liquidity on its unique proprietary trading system DEP FOREX from the SBI Group, international banks and tier-1 liquidity providers.
Tags : SBI FXTRADE, Forex trading, online trading, SBI's foreign exchange,