<div>
	Nikkei reported Rakuten will offer online brokerage services for investors in Malaysia with an eye toward acquiring a retail brokerage market share of around 20% in the future.</div>
<div>
	&nbsp;</div>
<div>
	The joint company will be equally owned by Rakuten Securities and Kenanga. It will initially handle Malaysian stocks, with commissions held to the lowest level in the Southeast Asian country.</div>
<div>
	The report also while the value of trading on Bursa Malaysia was around US$130bil a year, individual investors account for about 20% of the sum.</div>
<div>
	&nbsp;</div>
<div>
	In 2015, Rakuten acquired the Hong Kong unit of FXCM, a US provider of foreign exchange trading services. The joint company in Malaysia is its second overseas business outlet.</div>

Japan's Rakuten Securities prepares foray into Malaysia

TOKYO - Rakuten Securities is venturing into Malaysia, which will make it the first Japanese online securities house, after teaming up with K&N Kenanga Holdings on Friday.