Purely digital company, saw surge in account openings since March 2020 Launch of its foreign equity service is 'just the beginning' says its CEO
The new division exclusively generates thematic stock ideas and independent insights, and will be headed by Rakuten pioneer Vincent Lau
Remits almost 45 million Rakuten Trade Points to more than 37,000 accounts in the last two years.
Records almost RM5 billion in trading value.
Online equity broker wants to educate customers on the benefits of using the Internet to trade in stocks.
Facility will offer investors a trading limit of three or five times the value of cash and/or collateralised shares.
Fintech startup now has over 12,000 clients.
Rakuten Trade Sdn Bhd, a joint-venture between Kenanga Investment Bank Bhd and Rakuten Securities Inc, hopes its new full fledge trading platform will capture a 30% share of the retail investor market [in terms of total trades] in three years.