Rakuten Securities Garners Capital Markets License in Malaysia
- Rakuten Securities was granted regulatory approval to provide financial services in Malaysia.
Rakuten Securities, one of the largest foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term brokers in Japan and subsidiary of conglomerate Rakuten Inc, has achieved regulatory approval in Malaysia via a joint venture with Kenanga Investment Bank Berhad, per a regulatory filing.
The London Summit 2017 is coming, get involved!
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The latest iteration of the joint venture between Rakuten Securities and Kenanga Investment Bank Berhad builds on an existing partnership dating to April 2016, in which both venues agreed to collaborate on providing online brokerage services through Rakuten Trade Sdn Bhd (formerly Known As EB Global JV Sdn Bhd).
The deal had been subject to regulatory approvals from domestic regulators, namely the Securities Commission of Malaysia. As such, Rakuten Trade was granted a Capital Markets Services License, allowing it to list and deal in securities in the country, satisfying all regulatory obligations in the country, as mandated by the Capital Markets and Services Act of 2007.
Ultimately, the new venture helps expand Rakuten’s influence in the Asia-Pacific (APAC) Asia-Pacific (APAC) The Asia-Pacific (APAC) region is one of the fastest growing in terms of population. This region in particular is of great importance to the financial services industry, as it is seen as the largest growth market for clients.APAC is comprised of diverse currency markets that are shaped by various and, at times, competing forces, from global regulation to local capital controls.The region has been seen as one of the hardest to enter by FX brokers for this reason, as well as grappling cultural or The Asia-Pacific (APAC) region is one of the fastest growing in terms of population. This region in particular is of great importance to the financial services industry, as it is seen as the largest growth market for clients.APAC is comprised of diverse currency markets that are shaped by various and, at times, competing forces, from global regulation to local capital controls.The region has been seen as one of the hardest to enter by FX brokers for this reason, as well as grappling cultural or Read this Term) region, with Kenanga Investment Bank Berhad’s Board of Directors helping forge a new gateway for the venue in Malaysia.
Rakuten Securities, one of the largest foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term brokers in Japan and subsidiary of conglomerate Rakuten Inc, has achieved regulatory approval in Malaysia via a joint venture with Kenanga Investment Bank Berhad, per a regulatory filing.
The London Summit 2017 is coming, get involved!
[gptAdvertisement]
The latest iteration of the joint venture between Rakuten Securities and Kenanga Investment Bank Berhad builds on an existing partnership dating to April 2016, in which both venues agreed to collaborate on providing online brokerage services through Rakuten Trade Sdn Bhd (formerly Known As EB Global JV Sdn Bhd).
The deal had been subject to regulatory approvals from domestic regulators, namely the Securities Commission of Malaysia. As such, Rakuten Trade was granted a Capital Markets Services License, allowing it to list and deal in securities in the country, satisfying all regulatory obligations in the country, as mandated by the Capital Markets and Services Act of 2007.
Ultimately, the new venture helps expand Rakuten’s influence in the Asia-Pacific (APAC) Asia-Pacific (APAC) The Asia-Pacific (APAC) region is one of the fastest growing in terms of population. This region in particular is of great importance to the financial services industry, as it is seen as the largest growth market for clients.APAC is comprised of diverse currency markets that are shaped by various and, at times, competing forces, from global regulation to local capital controls.The region has been seen as one of the hardest to enter by FX brokers for this reason, as well as grappling cultural or The Asia-Pacific (APAC) region is one of the fastest growing in terms of population. This region in particular is of great importance to the financial services industry, as it is seen as the largest growth market for clients.APAC is comprised of diverse currency markets that are shaped by various and, at times, competing forces, from global regulation to local capital controls.The region has been seen as one of the hardest to enter by FX brokers for this reason, as well as grappling cultural or Read this Term) region, with Kenanga Investment Bank Berhad’s Board of Directors helping forge a new gateway for the venue in Malaysia.