WIKIFX REPORT: YJFX to change name after acquisition by GMO

Japanese Forex broker YJFX Inc today announced a planned name change, which is set to become effective on September 27, 2021. The broker will change its name to Gaika ex by GMO (“Foreign Currency ex by GMO Co., Ltd.”)

If you access the URL of YJFXs website and the transaction platform after the maintenance on Saturday, September 25, you will be automatically redirected to a new URL, reflecting the name change.

Let‘s recall that, in May 2021, GMO Financial Holdings announced the acqusition of a 100% stake in YJFX, which has been offering its online FX transaction services as Yahoo Japan Corporation’s subsidiary.

GMO-FH and YJFX will share the knowledge, know- how, and business resources each has cultivated until now and strengthen the integration to improve service value and lead the FX industry through growing even further, thereby contributing to its sustainable development.

GMO-FH is a holdings company with multiple subsidiaries such as GMO CLICK Securities, Inc and FX PRIME by GMO Corporation that develops Securities & FX business, GMO Coin, Inc that develops cryptoassets business, etc.

GMO-FH aims to become the group that comprehensively develops Internet Finance business that provides financial services that are truly valuable for everyone, under the corporate philosophy of “Make financial services more reasonable, more fun, and more flexible.”