FOREX.com Japan to change margin requirement for HKD pairs
Japanese FX broker FOREX.com plans to change the margin requirements for five HKD currency pairs, including USD/HKD.
Forex.com is one of the oldest and most recognizable brands in online Retail FX and CFD trading. It was the leading brand of publicly traded brokerage Gain Capital Holdings Ltd., which also operated City Index in the UK and the GTX institutional FX trading operation.
Bedminster, NJ based Gain Capital was acquired by StoneX Group (Nasdaq:SNEX), formerly INTL FCStone, in July 2020 for $236 million, and since then Forex.com is a unit of StoneX.
Forex.com trading volumes have averaged about $200 billion per month in 2020.
Japanese FX broker FOREX.com plans to change the margin requirements for five HKD currency pairs, including USD/HKD.
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