Rakuten Securities, the subsidiary of Rakuten Inc announced that their trading APP “iSPEED” surpassed 1million downloads as of 4th April, 2015. iSPEED is a dedicated application for trading with smartphone and tablet. It allows traders to trade various asset classes including domestic equities, FX, and futures option and gives access to real-time market news. According to Rakuten securities, they see that smartphone trading has been increasing as 35% of domestic equities, 54% of futures option, and 65% of FX were traded via smartphone as of the end of March. As the company believe a further increase in smartphone traders is promising, they continue to work on expanding and enhancing the functions of iSPEED.
With a major update in January, Rakuten securities added push notification to iSPEED for domestic equities. This new feature allows traders to receive price alerts and the latest news of selected shares without running the app. Furthermore, Rakuten securities already rolled out an iSPEED app for Apple watch which gives stock trading and investment information and will be available on 24th, April, on the same day as the release date of Apple watch.
(Source: Rakuten securities)