The Tokyo Financial Exchange (TFX) has published its operating metrics for June 2016, with Forex volumes rising dramatically after seeing three consecutive decreases in March through May. TFX’s Click 365 total trading volumes, that is, the volume of Exchange FX Margin contracts, rose a whopping 56.2% MoM from May 2016 levels to 4,702,661 contracts. The annual comparison…
Read moreThe Tokyo Financial Exchange (TFX) has published its operating metrics for May 2016, with Forex volumes continuing to fall after already registering decreases in both April and March. TFX’s Click 365 total trading volumes, that is, the volume of Exchange FX Margin contracts, fell 4.8% from April 2016 levels to 3,010,274 contracts. The annual comparison, however, was…
Read moreClose competition between Japan's major retail FX firms has not curtailed their performance over recent months After a year in which two notably large firms which gain their client base from the domestic market only, namely GMO Click Securities and DMM Securities experienced monthly volumes of over $ 1 trillion for a sustained period during…
Read moreVolumes will only pick up when we see volatility in the Japanese Yen return The well-known personality of Mrs. Watanabe as the housewife who sits at home and trades the forex market might be turning to other assets to realize gains following the reduction in volatility of JPY pairs. Japanese forex brokerages had reported earlier…
Read moreIG Group continues to grow its market share in its key markets. Although overall activity remains well below last year's levels across all of its key markets -- similar to trends we see worldwide -- leading UK-based online trading firm IG Group continues to increase market share, reporting Q2 activity (quarter ended Nov 30, 2012)…
Read moreGaitame only doing about $30 billion of monthly volume / $28M annualized revenue. Swiss-exchange listed Compagnie Financière Tradition SA (or "Tradition"), controlled by France's Viel & Cie, owns 49.5% of Gaitame, one of the largest Japanese Forex firms. In its 2012 first half results release, Tradition reported that revenue at Gaitame fell by 4% in…
Read moreGaitame only doing about $30 billion of monthly volume / $28M annualized revenue.
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