Rakuten Securities Reports its First Financials Since FXCM Acquisition

Rakuten Securities Inc, one of the largest foreign exchange (FX) brokers in Japan, has reported its financial results for the Q3 ending December 31, 2015, which included a complete rundown across its operations metrics and revenues, according to a Rakuten statement.

The financial statement covers a period over the past nine months between April 1, 2015 and December 31, 2015. Interestingly, the scope of Rakuten’s financials encompasses the totality of its acquisition with FXCM, when it .

Given the final closure of the acquisition date on August 1, 2015, FXCM Japan Securities Co. Ltd. was excluded from consolidation and the figures. However, the operating results between April 1 and July 31, 2015 have been consolidated in a statement of income.

In particular, Rakuten Securities yielded an operating revenue of $335.2 million (¥39.6 billion) during the nine months ending December 31, 2015. This included a net income of $87.4 million (¥10.3 billion) over the same period.

In terms of overall assets, Rakuten currently holds of $39.6 billion (¥943.4 billion) in overall holdings ending December 31, 2015, of which $181.5 million (¥21.5 billion) are tradable products, which includes trading securities and derivatives.

Finally, over the same period ending December 31, 2015, Rakuten also reported a net trading income of $63.3 million (¥7.5 billion), along with commissions of $162.0 million (¥19.2 billion).

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