Rakuten reschedules launch of MARKETSPEED II platform (again)
The release date of the trading platform has now been reset for October 28, 2018.
Japanese online trading company Rakuten Securities, a subsidiary of Rakuten Inc (TYO:4755), has once again rescheduled the planned launch of its new trading platform MARKETSPEED II. In a brief announcement on its website, the broker says that the new launch date is October 28, 2018.
The launch of the platform had been initially set to happen on September 30th, but was then rescheduled for October 14th and, now, there is a new release date determined. The company says the delay reflects the need to improve and strengthen the functionalities of the platform in response to customers’ requests and comments.
Regarding capabilities of MARKETSPEED II, Rakuten promises a raft of improvements. For instance, the solution is poised 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 fond of 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.