Kabu.com To Close Trading Platform

Online Japanese broker Kabu.com Securities will shut down its alternative stock trading system in October.

Online Japanese broker Kabu.com Securities will shut down its alternative stock trading system in October, Reuters reports. The move comes as the firm failed to take market share away from the Tokyo Stock Exchange. Kabu.com rolled out its proprietary trading system in 2006 to attract investors with faster trades at better prices than Japan’s dominant bourse. Kabu.com accounted for a mere 0.05 percent of trading of components of the benchmark Nikkei 225 in August.

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