Japan’s Rakuten Securities to release MARKETSPEED II platform in autumn of 2018
The solution is set to offer an expanded range of trading orders, with the broker promising faster execution of trades.
Japanese retail Forex broker Rakuten Securities, a subsidiary of Rakuten Inc (TYO:4755), is planning to enlarge the platforms offering. The company aims to launch MARKETSPEED II platform in the autumn of 2018.
The first improvement that the broker promises is the higher speed of order execution, as well as faster speed of delivery of investment information.
Another enhancement is the improved customization of the platform and making the interface more intuitive so that it is easy to understand by first-time users. Multiple displays, bolstered chart functionalities and more tech indicators are in store for traders.
There will be a wide range of advanced order types available to users of the new platform. These include order types like Iceberg orders and Sniper Orders. The company promises more information on new order types in due course.
In the beginning, the platform will offer trading in Japanese stock only but the company promises to add futures and options on US stock in the future.
On the downside, the new platform will not be available to owners of computers with Mac OS, as the platform is compatible with Windows only. Those willing to trade via smartphones and tablets, should use iSPEED, the broker explains.
Regarding the future of the current version of MARKETSPEED, the broker says that the two platforms (the old and the new one) will be available to users, so that traders can make use of both.
Let’s recall that the broker recently made a move towards expanding its clientele as it started offering demo trading on the Rakuten FX platform. Rakuten FX’s demo trading account is set to allow traders to make use of trading conditions similar to those in live environment.