SBI FXTRADE is adding 8 new JPY currency pairs
The Forex trading subsidiary of Japanese financial services provider SBI Holdings Inc., SBI FXTRADE Co., Ltd., has announced an expansion to its Forex instruments offer.
The company expands the currency pairs centered on the currency pairs of the Japanese yen including the “Russian ruble / yen”, “Brazil real / yen” and “Mexican peso / yen”, which have been requested by customers for some time. As a result, 8 currency pairs are added to the current 26 currency pairs, making a total of 34 currency pairs.
Here’s the complete list of the added currencies: RUB/JPY; BRL/JPY; PLN/JPY; SEK/JPY; NOK/JPY; MXN/JPY; SGD/JPY; and USD/CNY
Among the currency pairs added this time, there are also currency pairs that have the characteristics of high interest rate currencies, making it possible to conduct a variety of transactions that are more tailored to the investment stance of customers.
The broker will start offering the above-mentioned currencies from Monday, the 16th of December and will start accepting the orders after the end of maintenance on Saturday the 14th of December, 2019.
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.