For failing to segregate sufficient client money. The company was previously known as FXCM Asia Ltd. This is its second fine in 14 months.
机构
SFC fines Rakuten Securities HK$4m
SFC, 19-Oct-2016
Heads we win, tails you lose. The former FXCM Asia for 4 years until 2010 diddled clients by keeping favourable FX movments between the receipt and execution of orders, or what might be regarded as "worst execution". It is unclear why it took the SFC almost 6 years from the end of this behaviour to resolve this.