Surge in new trading
RAKUTEN Trade Sdn Bhd, Malaysia’s only fully digital equities broker, reported a surge in account openings during the movement control order (MCO) period in the midst of the Covid-19 crisis.
More than 11,000 new accounts were activated, which was also a 100% month-on-month increase, out of which more than 64% were during the first phase of the MCO period alone.
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