Abstract:Japanese Forex broker YJFX Inc today announced a planned name change, which is set to become effective on September 27, 2021. The broker will change its name to Gaika ex by GMO (“Foreign Currency ex by GMO Co., Ltd.”)
Japanese Forex broker YJFX Inc today announced a planned name change, which is set to become effective on September 27, 2021. The broker will change its name to Gaika ex by GMO (“Foreign Currency ex by GMO Co., Ltd.”)
If you access the URL of YJFXs website and the transaction platform after the maintenance on Saturday, September 25, you will be automatically redirected to a new URL, reflecting the name change.
Let‘s recall that, in May 2021, GMO Financial Holdings announced the acqusition of a 100% stake in YJFX, which has been offering its online FX transaction services as Yahoo Japan Corporation’s subsidiary.
GMO-FH and YJFX will share the knowledge, know- how, and business resources each has cultivated until now and strengthen the integration to improve service value and lead the FX industry through growing even further, thereby contributing to its sustainable development.
GMO-FH is a holdings company with multiple subsidiaries such as GMO CLICK Securities, Inc and FX PRIME by GMO Corporation that develops Securities & FX business, GMO Coin, Inc that develops cryptoassets business, etc.
GMO-FH aims to become the group that comprehensively develops Internet Finance business that provides financial services that are truly valuable for everyone, under the corporate philosophy of “Make financial services more reasonable, more fun, and more flexible.”
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Nigerians' tenacity, dynamism, and inventiveness combined with effective government policy tools would help guide the nation away from the depression and uncontrollably high inflation brought on by the naira's depreciation between 2023 and 2024.
In the realm of forex and cryptocurrency trading, leveraging is a common practice that allows traders to amplify their positions with borrowed capital. While high leverage can potentially lead to significant gains, it also carries inherent risks that traders should be mindful of. Understanding and managing these risks is essential for navigating the volatile markets effectively.
The robust inflation figures released on Wednesday led to significant gains for the US Dollar (USD) relative to its competitors. Following the conclusion of its April meeting on Thursday, the European Central Bank (ECB) will make announcements regarding its monetary policy. Meanwhile, the US economic docket will include the Producer Price Index (PPI) figures for March along with the weekly data on Initial Jobless Claims.
The Central Bank of Nigeria (CBN) should issue a directive mandating non-oil exporters to hold foreign currencies for a minimum of 48 hours, according to a proposal made by the Association of Bureaux de Change Operators of Nigeria (ABCON).