Tokyo consumer fintech firm 8 Securities has revealed an 1,100% rise in executed stock trades and a 1,100% increase in turnover compared with April 2016 , following the launch of free trading in the same period last year . 8 Securities uses smart technology to reduce trading costs to the bare minimum and said it will earn revenue with offers of margin lending to its experienced traders. Through the use of smart technology, we have reduced our cost to execute a trade to almost $0 "We believe the combination of zero commission, low margin lending rates and a new mobile app built for speed will be extremely attractive to active traders," said Mathias Helleu .
Tokyo consumer fintech firm 8 Securities has revealed an 1,100% rise in executed stock trades and a 1,100% increase in turnover compared with April 2016 , following the launch of free trading in the same period last year . 8 Securities uses smart technology to reduce trading costs to the bare minimum and said it will earn revenue with offers of margin lending to its experienced traders. "We believe the combination of zero commission, low margin lending rates and a new mobile app built for speed will be extremely attractive to active traders," said Mathias Helleu .