Japan's online brokerages rush to cut trading fees for US stocks

Monex's fee cut spurs immediate price competition among rivals

20190709 Bull Statue Reuters

U.S. stocks have drawn more Japanese investors during the bull market. © Reuters

MASAYUKI SHIKATA, Nikkei staff writer

TOKYO -- Japan's three biggest online brokerages are in a race to lower trading fees, opting to eliminate minimum charges levied on U.S. stock trades.

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