Rakuten Securities Australia to Expand Product Offerings

Fazzaco learned that Rakuten Securities Australia, a forex, indices and metals broker backed by the global expertise of Rakuten Securities, Inc, announced its plan to expand offering of trading instruments.

In a notice on its website, RSA says that there will be a product launch at the end of June. Effective on 20 June, 2021, the following 6 products will be available to trade:

– UK Crude Oil
– US Crude Oil
– UK Crude Oil +$100*
– US Crude Oil +$100*
– SPA35 (Spain 35)

– BTC/USD (Bitcoin/USD)（Coming soon）

US Crude Oil+$100 and UK Crude Oil+$100 track the movement of WTI and Brent and offset their price, remaining as live products even in the case that it drops below 0. These products are rebased at $100. This means, should spot price fall into negative territory, for example -$5 USD, the pricing will reflect this at $95.

Fazzaco earlier reported Rakuten Securities announced that it has upgraded the servers for its desktop trading platform MARKETSPEED II​ to enhance the performance.