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Top Online Brokerage Lures Young Japanese With Zero-Fee Trading
Shoko Oda, Bloomberg News Pedestrians walk past stores in the Marunouchi District of Tokyo, Japan, on Monday, March 22, 2021. Japan ended the state of emergency in the Tokyo region Sunday, just days before the torch relay begins on March 25 for the virus-delayed Tokyo Olympics, now scheduled to start in July. , Bloomberg
(Bloomberg) Japanâs largest online brokerage is seeking to lure a younger generation by cutting commission fees on trading of domestic stocks to zero.
SBI Holdings Inc. will implement a series of campaigns that will virtually eliminate commission fee for spot trading in equities, the financial conglomerate said in a statement Tuesday. Among the deals on offer is a rebate for clients between the ages of 20 and 25 for all commissions on trading of Japanese stocks.
SPACs Facing Tripartite Challenge Of Excess, Mountains Of Paperwork And People With Other Things To Do With Their Stimulus Checks
No oneâs giving them a blank check anymore.
Author:
Apr 1, 2021
Niklas Bildhauer (who also is User gerolsteiner91., CC BY-SA 2.0 , via Wikimedia Commons
No oneâs giving them a blank check anymore.
It has been two weeks since the Treasury Department started sending $240 billion worth of electronic payments to households…. Daily equity purchases by individual investors have remained stable at around $11 billion in recent weeks on a 10-day rolling basis, data from flow tracker VandaTrack shows. This is sharply different from what happened in April 2020, when checks immediately led to a jump in retail flows, or January of this year, when the impact was also clearly noticeable two weeks in…. Thanks to vaccinations and lockdowns easing, there are more ways to spend money recklessly away from home. Chase figures suggest that the largest incre