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Monex Launches Margin Account Services for U.S. Equities
Monex, Inc. is a financial services company based in Tokyo, Japan, and a principal subsidiary of Monex Group, Inc. As the core of the group, the company is active in online securities trading.
This week, Monex announced a partnership with TradeStation Group, Inc. to launch margin account services for US equities.
The U.S. equity margin trading allows investors to trade with twice their original funds (margin deposits) and to buy and sell the same stock as many times as they want in the same day.
The launch was previously delayed due to system issues, but it has now been announced that the new product will go live on January 23, 2023. The product will only be available on PC when it first goes live, but the company says it expects to expand multiple ways in the future to make U.S. margin trading more convenient.
"Such as enabling trading via the ‘TradeStation U.S. Stock Smartphone’ and adding time periods to order types."
Monex said: Monex offers unique US equity trading services that set it apset from other Japanese online securities companies."
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