Rakuten schedules release of MARKETSPEED II platform for end-September
The platform, which is set to be available to owners of PCs, will be offering 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), has earlier today announced the planned date for the rollout of the MARKETSPEED II platform. As FinanceFeeds has earlier reported, the company has indicated that the launch will happen at some point this fall. Today, Rakuten was more precise, unveiling September 30, 2018, as the planned date for the release of solution.
Regarding the new platform, the first improvement that the broker promises that the solution will offer is the 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.