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Rakuten Securities to expand ETF offering

Posted on 2021-08-26 By admin No Comments on Rakuten Securities to expand ETF offering

Japanese FX, CFD and stock broker Rakuten Securities is expanding its lineup of exchange-traded funds (ETFs).

The company announced today that it is adding 20 ETFs managed by US company First Trust. The new instruments will become available to trade on Monday, August 30, 2021.

One of the additions, for instance, is the First Trust Cloud Computing ETF (SKYY). The linked index is made up of stocks in the cloud computing industry. It follows a modified equal weighted index designed to track the performance of companies involved in the cloud computing industry.

There are also ETFs that allow traders to invest in cybersecurity-related stocks and 5G communication technology-related stocks.

Rakuten Securities has been regularly expanding its offering. Earlier in August, the broker added nearly 200 stocks of US-listed companies to its offering. The list of new additions includes companies, such as Core & Main and Sight Sciences, Inc.

In July, it also added more stocks of US-listed businesses to the lineup of trading instruments. Those additions include stocks of Doximity (NYSE:DOCS) and LegalZoom.com, Inc. (NASDAQ:LZ), to name a couple of examples.

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