just now
August 08, 2023 - Japanese FX industry veteran Hiroaki Nagakura has been appointed Head of Prime Services - Japan at multi-asset Prime Broker 26 Degrees Global Markets.
Nagakura joins with over 30 years of experience, most recently as Managing Executive Officer at Rakuten Securities Inc., one of Japan’s largest online brokerages. During his 12-year tenure, he was responsible for the establishment of Rakuten’s FX business unit, and under his leadership and direction, saw FX revenue grow to over 100 million USD (14.6 billion JPY) in 2022. Nagakura was also Managing Director of Rakuten Securities Australia and Director of Rakuten Securities Hong Kong, and instrumental in the 2015 acquisitions of FXCM Japan and Hong Kong. (In June this year, Rakuten Securities Australia was acquired by ATFX.)
Prior to Rakuten, he was Director at Central Tanshi FX Co., Ltd. for a decade and spent time as an FX and CFD trader at various interbank FX Brokers.
Commenting on his new role, Hiroaki Nagakura, the new Head of Prime Services - Japan at 26 Degrees Global Markets, said, “I’m thrilled at the opportunity to join the 26 Degrees team and play a key role in expanding our presence in the Japanese market. I look forward to supporting our valued Japanese clients and continuing to provide them with an innovative product offering and a high-touch service.”
Gavin White, CEO of 26 Degrees Global Markets also commented, “Nagakura-San’s appointment reinforces our commitment to delivering best-in-class services and solutions to our valued Japanese broker clients, as we look to expand strategically in this area over the coming years. With such deep experience in multiple senior roles at some of the largest brokerages globally, we are very excited to welcome Nagakura-San to the team. 26 Degrees Global Markets’ ability to attract top talent such as Nagakura-San speaks volumes to the growth we have experienced over the past decade, and the great opportunities that lie ahead for our powerhouse team, one of those being the Japanese brokerage market.”
26 Degrees is an award-winning multi-asset Prime Broker specialising in providing prime services to brokers, hedge funds, proprietary trading firms and family offices through long-standing relationships with numerous tier-one Prime Brokers.
