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.

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