TipRanks Teams Up with Rakuten for Japanese Market Entry
<p>Looking to
provide retail customers access to top-tier analytical tools, Rakuten
Securities Inc., a leading online brokerage in Japan, has revealed a strategic
partnership with TipRanks. Starting next month, this collaboration will equip
Japanese investors with data-driven resources for making well-informed choices
in global stock markets. Retail traders can now use the same data that major
hedge funds rely on a daily basis.</p><p>TipRanks and Rakuten Offer
a New Era for Japanese Investors</p><p><a href="https://www.rakuten-sec.co.jp/web/info/info20230915-01.html" target="_blank" rel="nofollow">The
partnership</a> will provide Rakuten Securities' clients with access to <a href="https://www.financemagnates.com/tag/tipranks/" target="_blank" rel="follow">TipRanks</a>'
comprehensive stock research tools. Investors can easily find recent analyst
ratings, forecasted price targets, and consensus opinions, thereby aiding them
in selecting best stocks. Additionally, TipRanks will offer customized,
real-time lists of the most-rated stocks by analysts, further simplifying the
investment decision-making process.</p><p><a href="https://www.financemagnates.com/tag/rakuten/" target="_blank" rel="follow">Rakuten
Securities</a>' clients will also gain insights into the investment strategies of
leading hedge funds. TipRanks' data will reveal which stocks are included in a
hedge fund's portfolio and their buying and selling activities. This feature
enables investors to follow the investment patterns of hedge fund managers,
adding another layer of strategy to their investment decisions.</p><p>"TipRanks
is proud to enter the Japanese market with its integration into Rakuten
Securities' brokerage platform," Uri Gruenbaum, the CEO of TipRanks, said.
"Rakuten Securities, one of the two largest online brokerages in Japan,
has again proven its strength as the brokerage company of choice for all
customers – ranging from investment newcomers to seasoned traders – by choosing
to partner with TipRanks."</p><p>Gruenbaum
further emphasized that both companies will offer the latest stock research
data and tools, leveling the playing field for all investors.</p><p>Insider Trading</p><p>The
partnership will not only democratize access to high-quality financial data for
Japanese investors., but alo also introduce a feature that identifies insider
trading activities. TipRanks' technology scans Securities and Exchange
Commission's (SEC) filings to determine the latest insider transactions,
categorizing them as either informative or uninformative. Investors can then
decide which insiders to follow based on their historical performance.</p><p>“Thanks to
TipRanks’ wonderful service, Rakuten Securities users will be able to acquire
more extensive investment information that will affect the future stock prices
of individual US companies,” Yuji Kusunoki, the CEO of Rakuten Securities, commented.</p><p>TipRanks is
a financial technology service provider based in Israel that has been in
operation since 2012. It utilizes <a href="https://www.financemagnates.com/terms/a/artificial-intelligence-ai/">artificial intelligence (AI</a>) to analyze big
data and provide retail investors with market movement insights. A few months
ago, the Tel Aviv Stock Exchange integrated <a href="https://www.financemagnates.com/forex/exclusive-tel-aviv-stock-exchange-taps-tipranks-tools/" target="_blank" rel="follow">the Smart Portfolio</a> offered by TipRants
into its analysis set of tools.</p><p>On the
other hand, Rakuten Securities is a part of the Japanese conglomerate Rakuten
Group, founded in Tokyo in 1997. Rakuten is currently one of the largest retail
brokers in the local market. <a href="https://www.financemagnates.com/" target="_blank" rel="follow">Finance Magnates</a> reported in July that the
Japanese giant <a href="https://www.financemagnates.com/forex/news-nuggets-19-july-rakuten-brings-ai-assistant-argo-raises-money/" target="_blank" rel="follow">has also set its sights</a> on AI development.</p>
This article was written by Damian Chmiel at www.financemagnates.com.
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