Rakuten Securities Garners Capital Markets License in Malaysia

[kreslik.news]

Rakuten Securities, one of the largest foreign exchange brokers in Japan and subsidiary of conglomerate Rakuten Inc, has achieved regulatory approval in Malaysia via a joint venture with Kenanga Investment Bank Berhad, per a regulatory filing.

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The latest iteration of the joint venture between Rakuten Securities and Kenanga Investment Bank Berhad builds on an existing partnership dating to April 2016, in which both venues agreed to collaborate on providing online brokerage services through Rakuten Trade Sdn Bhd (formerly Known As EB Global JV Sdn Bhd).

The deal had ... (read more)