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Stock impact report

Online Brokers Are Taking Japan Market Share From Bigger Rivals [Yahoo! Finance]

Mitsubishi UFJ Financial Group, Inc. (MUFG) 
Company Research Source: Yahoo! Finance
Most Read from Bloomberg How Americans Voted Their Way Into a Housing Crisis Chicago Halts Hiring as Deficit Tops $1 Billion Through 2025 After a Record Hot Summer, Pressure Grows for A/C Mandates UC Berkeley Gives Transfer Students a Purpose-Built Home on Campus The Plan for the World's Most Ambitious Skyscraper Renovation The popularity of an expanded tax-free investment account program called NISA has encouraged its users, most of whom are in their 40s or younger according to one report, to do deals on their smartphones and laptops. That's led to the share of online brokerages in the publicly offered investment trust market to rise above 20% for the first time at the end of June from about 16% a year earlier, according to estimates by Nomura Research Institute. The category that includes banks, which dominated with person-to-person broking about 15 years ago with over a 50% share in terms of net assets managed, only made up a bit more than a third of the market in Ju Show less Read more
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