Saxo Financial institution Japan cuts spreads on seven standard forex pairs

Saxo Financial institution Securities Co., Ltd., the Japanese subsidiary of multi-asset funding specialist Saxo Financial institution, has diminished the spreads on a number of standard FX pairs.

The change, which applies to seven forex pairs, makes it attainable to conduct transactions with decrease prices than earlier than.

  • USD/JPY (US greenback/yen): 0.2 pips
  • EUR/JPY (Euro/yen): 0.5 pips
  • AUD/JPY (Australian greenback/yen): 0.7 pips
  • GBP/JPY (British pound/yen): 1.2 pips
  • EUR/USD (Euro/US greenback): 0.4 pips
  • AUD/USD (Australian greenback/US greenback): 0.6 pips
  • GBP/USD (British pound/US greenback): 0.9 pips

Goal time interval:

  • Japanese Daylight Time: 8:00 a.m. Japan time to 4:00 a.m. the next day
  • Japanese Commonplace Time: 9:00 a.m. Japan time to five:00 a.m. the following day

Throughout the goal time interval, the spreads on the above-mentioned Foreign exchange pairs are mounted. The spreads throughout buying and selling hours aside from these listed above are usually not mounted.