Tag: Japan Forex market

May 09, 2013 BY Gerald Segal

Monex becomes the first Japanese broker to roll out Tradable apps

First broker outside the UK to offer Tradable apps trading to clients. Tradable's trading apps store continues to roll. After we earlier reported that two FSA-regulated brokers, Tradenext and SVSFX, became the first brokers to support Tradable apps, now comes official word (see press release below) that Monex of Japan will be rolling out Tradable…

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April 30, 2013 BY Gerald Segal

Gaitame Japan sees revenues decline 20% in 2012

Gaitame's parent company Tradition sees some improvement this year, however, as volumes pick up. Earlier today, interdealer broker Compagnie Financière Tradition (or just "Tradition") released its 2012 Annual Report. Among the nuggets of information was a note that Gaitame, a mid-size retail FX broker in Japan in which Tradition holds a 49% stake, saw a…

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April 25, 2013 BY Gerald Segal

Monex of Japan expands into Cyprus, gets CySEC license

Cyprus crisis -- What crisis??? FX brokers continue to look to operate out of Cyprus. [Correction dated May 1, 2013. As per our updated article, it was not Monex of Japan, but rather Monex of Indonesia -- an unrelated retail FX broker -- which received CySEC licensing. To see the corrected article click here]. LeapRate…

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April 24, 2013 BY Gerald Segal

Tradition sees Q1 revenues decline 11%

Tradition's revenue numbers surprisingly decline in all areas but in Japan to open up 2013. Compagnie Financière Tradition (or "Tradition"), a leading interdealer broker which also owns stakes in retail FX firms FXDD (a member of LeapRate's Approved List of global regulated FX brokers) and Gaitame of Japan, reported their Q1 revenue results today, which…

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April 03, 2013 BY Gerald Segal

Japan FX volumes down in March, but still strong

GMO 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…

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March 04, 2013 BY Gerald Segal

GMO Click February volumes beat January records

GMO 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,…

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February 18, 2013 BY Gerald Segal

LeapRate Retail FX Volume Index leaps 18% in January

FX Volumes make a big comeback in January, led by Japan, as a global "risk-on" trade brings back volatility. LeapRate's Retail FX Volume Index, sponsored by Leverate, spiked up 18% in January from December levels to $201 billion per day. January's index figure was the highest we've seen since August 2011, and represented one of the busiest…

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January 23, 2013 BY Gerald Segal

LeapRate Retail FX Volume Index down 5% in December

However volume decrease was less than usual "December effect" drop. LeapRate's Retail FX Volume Index, sponsored by Leverate, was down 5% in December to $170 billion per day. However December volumes are usually significantly slower -- down typically 15-20% from a regular month -- due to the annual holiday season, so the 5% drop makes December 2012…

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