Key facts
- Mirae Asset Securities will acquire a proprietary stock trading unit of Okasan Securities.
- The deal is valued at up to $32 million.
- Mirae Asset plans to announce the acquisition on Thursday, October 29, 2026.
- Mirae Asset is also pursuing an acquisition of a financial firm in mainland China.
South Korea's Mirae Asset Securities is set to acquire a proprietary stock trading unit from Japan's Okasan Securities, according to Nikkei. The acquisition, valued at up to $32 million, reflects a broader trend of foreign financial firms seeking opportunities in Japan's booming stock market. Mirae Asset has indicated plans for further collaboration with Okasan, including potential sales of exchange-traded funds to Okasan's client base. Mirae Asset Group Chairman Park Hyun-joo stated that the deal would be announced following a board meeting on Thursday, October 29, 2026. He also confirmed ongoing efforts to acquire a financial firm in mainland China within the year.