Rakuten Securities Adopts Tradency's AI Trading Advisor, RoboX

Monday, 15/05/2017 | 06:00 GMT by Avi Mizrahi
  • Rakuten will become the first broker to offer this service in Japan, and will also add RoboX to its global services.
Rakuten Securities Adopts Tradency's AI Trading Advisor, RoboX
Bloomberg

Rakuten Securities, one of the largest FX brokers in Japan and subsidiary of conglomerate Rakuten Inc, today announced that it has collaborated with Tradency to launch its RoboX service.

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As a result of this newly formed partnership, the RoboX service will became available to Rakuten Securities' retail Forex traders. Rakuten will become the first broker to offer this service in Japan, and will also add RoboX to its global financial services.

“As global financial technology evolves, we are also aiming to develop and provide new financial services that utilize artificial intelligence, etc,” says Hiroaki Nagakura, Rakuten Securities Senior Executive Officer and Global Head of FX Business, FX Business Division. “By providing our customers with Tradency’s robo-advisor service RoboX, we believe it will be the best opportunity for Japanese individual investors to try new technologies.”

Gil Eyal

“Being chosen by Rakuten is a sign of trust for us,” says Gil Eyal, Tradency co-founder and president. “We have invested in developing our role in the Japanese financial technology market for more than a decade, and believe that this new partnership with Rakuten, reflects our position as one of the top providers of this market.”

RoboX is a robo-advisor for the FX market that helps ensure that retail clients remain engaged via continually selecting relevant trading strategies. Back in November 2016, the Financial Commission (FinaCom), an independent self-regulatory Compliance specialist for the financial services industry, announced the certification of Tradency’s automated trading advisor.

Rakuten Securities, one of the largest FX brokers in Japan and subsidiary of conglomerate Rakuten Inc, today announced that it has collaborated with Tradency to launch its RoboX service.

The London Summit 2017 is coming, get involved!

[gptAdvertisement]

As a result of this newly formed partnership, the RoboX service will became available to Rakuten Securities' retail Forex traders. Rakuten will become the first broker to offer this service in Japan, and will also add RoboX to its global financial services.

“As global financial technology evolves, we are also aiming to develop and provide new financial services that utilize artificial intelligence, etc,” says Hiroaki Nagakura, Rakuten Securities Senior Executive Officer and Global Head of FX Business, FX Business Division. “By providing our customers with Tradency’s robo-advisor service RoboX, we believe it will be the best opportunity for Japanese individual investors to try new technologies.”

Gil Eyal

“Being chosen by Rakuten is a sign of trust for us,” says Gil Eyal, Tradency co-founder and president. “We have invested in developing our role in the Japanese financial technology market for more than a decade, and believe that this new partnership with Rakuten, reflects our position as one of the top providers of this market.”

RoboX is a robo-advisor for the FX market that helps ensure that retail clients remain engaged via continually selecting relevant trading strategies. Back in November 2016, the Financial Commission (FinaCom), an independent self-regulatory Compliance specialist for the financial services industry, announced the certification of Tradency’s automated trading advisor.

About the Author: Avi Mizrahi
Avi Mizrahi
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About the Author: Avi Mizrahi
Azi Mizrahi, expert in fintech trends and global markets, enriches readers with deep insights.
  • 2727 Articles
  • 10 Followers

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