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Report: Daiwa's fintech JV to start fee-free stock trading service

Smartplus Ltd., an online brokerage joint venture between Daiwa Securities Group Inc. and fintech partner Finatext Ltd., will begin operations in April with zero-fee stock trading for its customers, The Nikkei reported Feb. 28.

The joint venture's business model to not charge fees is the first of its kind in Japan, the report said.