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Stocks

Japanese startup to offer online domestic equity trading

Sector untouched by new players for roughly a decade

TOKYO -- Financial technology outfit Folio is looking to become the first entrant in the online brokerage sector to deal in Japanese stocks in roughly a decade.

The Tokyo-based company will launch the business as soon as this spring. One Tap Buy, the Tokyo operator of a securities trading smartphone app, is also leaning toward adding Japanese equities to its lineup of foreign stocks within a similar time frame.

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