Finance Feeds logo

LINE Securities set to launch new service

Maria Nikolova

The new service will allow clients to trade the stock of 100 carefully selected Japanese companies in single units of shares.

Nomura Holdings Inc (TYO:8604) today announces that LINE Securities Corporation, the firm’s joint venture with LINE Financial Corporation, plans to launch a new securities service on the LINE platform from the fall of 2019.

The new service will enable clients to trade the stock of 100 carefully selected Japanese companies in single units of shares. Shares are expected to cost JPY150 each, and the minimum purchase will start from about JPY3,000.

By making use of the simple, intuitive interface and experience of the LINE platform, LINE Securities aims to deliver a user-friendly experience for clients who are new to investing. The service will also offer real time trading until 9 p.m. on weekdays, allowing for additional convenience for a wide range of clients.

Further details will be provided when the new service commences.

Earlier this week, Nomura Holdings announced that Line Securities Preparatory Corporation, a joint venture company established on June 1, 2018, has completed registration as a Type 1 Financial Instruments Business. Accordingly, effective June 24, 2019, the trade name of the company has been changed to Line Securities Corporation.

Line Securities brings together the rich user base and exceptional user interface and experience of the LINE platform, combined with Nomura’s expertise in the financial services business. The company is preparing to launch new securities brokerage solutions that respond to the potential need of LINE users for asset-building and other services.

Subscribe

Read this next

Digital Assets

Crypto exchange Bittrex exits US market amid regulatory woes

Bittrex said on Friday it plans to wind down operations in the United States and voluntarily liquidate because of the uncertain regulatory environment surrounding their business.

Bittrex
Institutional FX

Tradeweb completes integration of Nasdaq’s US fixed income platform

Tradeweb Markets has completed the technology integration of Nasdaq’s US fixed income electronic trading platform, formerly known as eSpeed, which it acquired two years ago in a $190 million, all-cash transaction.

Tradeweb
Digital Assets

FTX Europe to allow client withdrawals via new website

The Cypriot unit of failed cryptocurrency exchange FTX has launched a new website that it says would allow customers to withdraw deposits of fiat currency and crypto assets after months of suspension.

Sam Bankman-Fried
Retail FX

Liquidators apply to cancel SVS Securities’ FCA license

An update published today by Leonard Curtis said the UK high court of justice has approve their application to bring the special administration of the failed wealth manager SVS Securities to an end.

SVS Securities
Digital Assets

Japan forms government panel to pilot digital yen

Japan’s Finance Ministry has created an advisory panel to look at the feasibility of issuing a central bank digital currency, otherwise known as “CBDC”.

Digital Assets

USDC sees massive $10.4 billion outflows in March

Cryptocurrency traders have withdrawn more than $10 billion from the world’s second largest stablecoin, USDC, in less than three weeks even as concerns over the fallout from the Silicon Valley collapse have receded.

Interviews

OSTTRA’s Joanna Davies goes beyond 30-30-30 data standard at FIA Boca 2023

FinanceFeeds Editor-in-Chief Nikolai Isayev spoke with Joanna Davies about OSTTRA.

Interviews

CloudMargin’s Stuart Connolly on how to manage collateral amid high rates at FIA Boca 2023

FinanceFeeds Editor-in-Chief Nikolai Isayev spoke with Stuart Connolly about CloudMargin’s SaaS platform, said to be the only cloud-native collateral and margin management system in the industry, at a time of stress due to rising interest rates.

Interviews

Baton Systems’ Alex Knight on solving post-trade with DLT at FIA Boca 2023

FinanceFeeds Editor-in-Chief Nikolai Isayev spoke with Alex Knight about Baton Systems’ about rising settlement fails, collateral management, and the profile of DLT beyond cryptocurrencies.

<
✖