23 July 2018
Rakuten Trade Continues Its Growth Momentum with Its Contra Trading Platform
KUALA LUMPUR, 23 July 2018 – Rakuten Trade Sdn Bhd (“Rakuten Trade”) has continued its strong growth momentum after the introduction of its second product, Contra Account – which has recorded an overall revenue contribution to Rakuten Trade of more than 20%.
A Contra Account is a trading account where the trading limit is based on the amount of cash and/or shares placed in the trust account with Rakuten Trade. It allows clients to trade on a higher trading amount that is determined based on available funds / shares in the Contra Account or pledged portfolio that a client would like to leverage.
