Tokyo Stock Exchange FX trading on Click 365 drops 15% MoM and 70% YoY as Yen volatility wanes The total trading volume of Exchange FX Margin contracts (Click 365) in April was 2,088,673 ( △ 14.6% MoM / △ 70.0% YoY) and its average daily trading volume was 94,941. Yen volatility has pretty much collapsed…
Read moreGaitame parent Tradition, which also holds an interest in FXDD, reports overall 3% drop in revenue Compagnie Financière Tradition reported first-quarter consolidated revenue of CHF 221.6 million, compared with CHF 235.3m in same period in 2013, a decline of 5.8% at current exchange rates or 2.8% in constant currencies. For the same period, the Group’s…
Read moreMonex volume metrics still well below January-June levels, but more than double last year. Monex Group of Japan, a mid-size Japanese forex broker which also owns TradeStation and IBFX in the US, reported September forex trading volumes which rose nicely from slower summer levels, but which were still well below what Monex saw during a…
Read moreJapan's largest retail FX broker sees its lowest volumes since December 2012. Although GMO Click's forex trading volume metrics are still more than double what they were last year, there is a clear slowdown in forex trading in Japan after a record start to the year. GMO Click reported September trading volumes at ¥62.8 trillion, or…
Read moreJapanese based FX firms continued to see a burst of growth. After seeing leading Japanese FX broker GMO Click report record volumes in April, now comes word that the mid-size brokers in Japan are also doing well. The Monex Group of Japan has reported that spot FX volumes shot up 91% in April, to average ¥242…
Read moreJust GMO Click? Just Japan? Or were retail FX volume records broken worldwide? GMO Click, the largest Japanese retail FX broker, has just reported an absolutely astounding month of April. Volumes at GMO Click hit ¥89.5 trillion in April, or $913 billion for the month -- an all-time record not just for GMO Click, but for…
Read moreGMO Click did $694 billion of spot FX volume in March, down 17% from record February volumes. FX volumes continued to be strong during March in Japan, as the global risk-on trade combined with local "Abe-nomics" to keep retail traders interested in the currency markets. However volumes were down somewhat from February. Japan's largest retail…
Read moreGMO Click did $845 billion of spot FX volume in February, an all-time record for a retail FX brokerage firm. It has been just a few weeks since we reported that GMO Click Securities reported record volumes for any month in its history, with ¥68 trillion (or $756 billion) transacted by its clients during January. Well,…
Read moreAssuming data is to be believed, GMO Click did $756 billion of spot FX volume in January. We have often been (and remain) somewhat skeptical of volume and related data we see coming out of Japan. However, even if somewhat exaggerated, GMO Click's January is one for the books. The company (which is publicly traded…
Read moreNew Government's policy of currency devaluation bringing back traders. In our discussions with Japanese retail FX brokers over the past few weeks, it seems that they are seeing a healthy increase in domestic trading, mainly around the USDJPY pair. Japan's new government, led by Prime Minister Shinzo Abe, has made strengthening Japan's economy by (in part)…
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