Exclusive: Japanese Nissan Century Securities Aims to Become a Global Liquidity Provider
- According to information exclusively obtained by Forex Magnates Japan, after rolling out their open API for FIX, Java and Connect Now, the Japanese brokerage has plans to become a liquidity provider.
As Forex Magnates Japan reported first, starting in Septemeber, Nissan Century Securities introduced its Application Program Interface (API) for over-the-counter FX and CFD trading. The release of the API, is geared towards algorithmic and high-frequency traders.
According to an exclusive statement made by Nissan Century Securities to Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates, the product has seen very high interest since its launch. The firm is expecting the new service to permit it to make its way into B2B services, as it aims to become a Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term provider (LP).
A company spokesman stated to Forex Magnates that the company is looking at becoming an LP for both domestic and international forex and CFD brokers as it has hit a plateau in terms of revenues from the B2C Japanese market, where the heavy competition for providing ever decreasing spreads to customers squeezed margins heavily and led to the firm look for B2B opportunities.
Back in August, the company's launched its indices CFD offering to its clients in Japan.
Recently one of the heavyweights of the Japanese retail foreign exchange market, GMO Click Securities (GMO), was granted authorization by the UK’s Financial Conduct Authority (FCA) and has officially set up shop in London.
The company joined two other Japanese companies which decided to setup units in the UK - Hirose back in 2012 & Gulliver FX earlier this year.
As Forex Magnates Japan reported first, starting in Septemeber, Nissan Century Securities introduced its Application Program Interface (API) for over-the-counter FX and CFD trading. The release of the API, is geared towards algorithmic and high-frequency traders.
According to an exclusive statement made by Nissan Century Securities to Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates, the product has seen very high interest since its launch. The firm is expecting the new service to permit it to make its way into B2B services, as it aims to become a Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term provider (LP).
A company spokesman stated to Forex Magnates that the company is looking at becoming an LP for both domestic and international forex and CFD brokers as it has hit a plateau in terms of revenues from the B2C Japanese market, where the heavy competition for providing ever decreasing spreads to customers squeezed margins heavily and led to the firm look for B2B opportunities.
Back in August, the company's launched its indices CFD offering to its clients in Japan.
Recently one of the heavyweights of the Japanese retail foreign exchange market, GMO Click Securities (GMO), was granted authorization by the UK’s Financial Conduct Authority (FCA) and has officially set up shop in London.
The company joined two other Japanese companies which decided to setup units in the UK - Hirose back in 2012 & Gulliver FX earlier this year.