broker/dealer
PostPrime's consolidated subsidiary, TakaTrade, has received permission from the Minister of Agriculture, Forestry and Fisheries and the Minister of Economy, Trade and Industry to operate as a commodity futures trading company under the Commodity Futures Trading Act. Additionally, on the same date, the company joined the Japan Commodity
banking
Mitsubishi UFJ Financial Group (MUFG) and Mitsubishi UFJ Morgan Stanley Securities (MUMSS) have launched MUMSS’ subsidiary, MUFG Morgan Stanley Credit Solutions, as previously announced in February. The market for private credit has been expanding, particularly in Europe and the United States, and is an alternative investment sector that has attracted
cryptocurrency exchange
Coincheck Group has reported its first full fiscal year results, after listing on Nasdaq through a SPAC transaction at the end of last year. Before we get into the results announcement, however, let us take a look at where Coincheck fits into the overall Monex Group. Overview Monex Group has
broker/dealer
Monex, a leading online brokerage firm, has chosen to migrate its current JASDECPS system to Broadridge’s advanced cloud-based SaaS platform. This strategic shift, scheduled to go live in May 2026, comes as Monex prepares to meet the stringent demands of the JASDEC2025 market initiative while optimizing operational efficiency and
broker/dealer
Alpaca, a self-clearing broker-dealer and brokerage infrastructure API, announced its $52 million Series C funding round today from its new office in Manhattan, New York. This significant milestone further accelerates Alpaca’s global expansion and development of its industry-leading product offerings. This round saw participation from both new and returning
mergers & acquisitions
Nomura and Macquarie have entered into an agreement for Nomura to acquire Macquarie’s U.S. and European public asset management business, with approximately US$180 billion in retail and institutional client assets across equities, fixed income and multi-asset strategies. Under the terms of the agreement, Nomura will acquire 100%
trading
Woodstock, which operates the Gen Z-focused social investment app woodstock.club, has launched a new basket trading feature that allows users to purchase portfolios based on the Woodstock app users' average performance, which outperforms market averages such as the S&P500 and Nasdaq. With this feature, users can
banking
Mizuho Financial Group announced that Amsterdam-based Mizuho Bank Europe, a subsidiary of Mizuho Bank, has merged with Frankfurt-based Mizuho Securities Europe, a subsidiary of Mizuho Securities. As the surviving entity, Mizuho Bank Europe has successfully commenced operations under its new universal bank structure, offering a fully integrated banking and securities
broker/dealer
The total number of SBI Securities financial product accounts intermediated through Sumitomo Mitsui Card and Sumitomo Mitsui Banking Corporation has exceeded 1 million, and the monthly investment amount for "Sumitomo Mitsui Card Regular Investment" has exceeded 85 billion yen. Since June 2021, Sumitomo Mitsui Card has partnered with
embedded finance
SmartPlus, part of the Finatext Group that realizes embedded finance through the provision of next-generation financial infrastructure, has updated the functions of its securities business platform "BaaS (Brokerage as a Service)" and is now offering bond trading services. Background and Purpose With the recent rise in long-term interest
trading
Bloomo Securities, which provides a US stock investment app, has raised a total of 2 billion yen in a Series A round through a third-party allocation of shares to Global Brain, ANRI, Spiral Capital, Portage Ventures, MUFG Innovation Partners, Angle Bridge, Sumitomo Corporation Venture & Innovation, and Scrum Ventures. This
asset management
Sumitomo Mitsui Financial Group and its subsidiary SMBC Global Investment & Consulting (SGIC) have announced that Ken Kobayashi has been appointed as President and Representative Director of SGIC effective April 1, 2025. By welcoming a professional with over 30 years of experience in the asset management field, SMBC Group aims