ThinkMarkets multi asset offering expands: South African shares and ETFs

Rick Steves

ThinkMarkets has recently acquired a Japan Affiliate, holding a Type 1 Financial Instruments Business Operator license from the Japanese Financial Services Agency (JFSA), Japan’s principal regulatory body, to enter the FX market in Japan.

ThinkMarkets has launched its South African shares and ETFs offering to provide access to shares of companies listed on the Johannesburg Stock Exchange to local investors (JSE), as well as to all exchange-traded funds (ETFs) and notes (ETNs).

The retail broker has chosen the multi-asset trading path and the abovementioned launch increases its prowess with its most innovative product offering for the South African market yet.

ThinkMarkets will provide access to the trading of 700 JSE-listed shares and ETFs, underpinned with a brokerage rate of just 0.25% with a minimum of R30.

Nauman Anees, the CEO of ThinkMarkets, said: “We are strongly committed to delivering a unique and valuable proposition to our clients in South Africa. With the launch of our share trading offering, our customers will finally be able to invest in the stocks of local heavyweights like Naspers, Anglo-American, Gold Fields, and many others.”

“The unique feature set of ThinkTrader is tailored with the retail investor in mind. We are proud of the quality of the platform we provide to our clients and have the confidence that the South African stock market is ripe to join in the trend of low-commission trading, just like the largest stock markets worldwide,” Anees added.

Ridwaan Moola, the regional director for South Africa at ThinkMarkets, commented: “We firmly believe in helping clients achieve wealth creation and have created an offering for clients to invest smarter in one of the best performing markets in the world. In addition, we provide clients with exceptional value and highly rated research enabling them to make informed decisions with their investments.”

The firm’s no-hidden fees policy has become part of its brand as the broker addresses retail investors and traders in South Africa by offering more than 2000 instruments.

The South African FSCA-regulated broker also provides education and research as well as an exclusive tailor-made offering for premium clients.

ThinkMarkets has recently acquired a Japan Affiliate, holding a Type 1 Financial Instruments Business Operator license from the Japanese Financial Services Agency (JFSA), Japan’s principal regulatory body, to enter the FX market in Japan.

With this license, clients will have access to the company’s proprietary mobile-first trading platform ThinkTrader, launching soon in Japan.

Japan is a fantastic market and is home to over 35% of all retail FX order flow, however, it is notoriously centered around domestic market companies, many of which are absolute giants and individually conduct over $1 trillion per month in notional volume, purely within the Japanese market, which consists of self-directed traders.

Many firms have attempted to enter the market, but it is very much geared toward Japanese traders being loyal customers of Japanese firms, hence ThinkMarkets’ approach of buying an existing firm is a pragmatic one.

TF Global Markets Japan Ltd is the corporate name of ThinkMarket’s Japan office, which is led by newly-appointed industry expert Koike Kazuhiro, who will head the company’s operations in Japan as chief executive. Kazuhiro’s experience includes past leadership positions with the Nasdaq Japan Exchange, Credit Suisse Group, as well as publicly traded companies such as Traders Securities.

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