Rakuten postpones release of MARKETSPEED II platform
The planned launch is postponed by two weeks in order to improve the platform based on requests and comments received.
Japanese retail Forex broker Rakuten Securities, a subsidiary of Rakuten Inc (TYO:4755), has changed the release date for its new trading platform MARKETSPEED II. In an announcement on its website, the broker informs its clients that the launch of the platform is postponed by two weeks.
The solution was initially set to be released on September 30, 2018. According to the new schedule, the platform’s launch is set to occur on October 14, 2018. The broker explained that the extra time is needed to enhance the platform on the basis of comments and requests received.
Rakuten promises a raft of new features on the platform. MARKETSPEED II is set to offer higher speed of order execution, as well as faster speed of delivery of investment information.
Another planned 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.
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.
The traders who are using the current platform MARKETSPEED may be calm, as 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.
Rakuten Securities apologised to all traders for the delay in the release of the new platform.
