Tag: Japan FX brokers

June 04, 2013 BY Gerald Segal

GMO Click FX volumes top $950 billion in May, yet another new record

Japan Retail FX market continues to be red hot. With the Japanese Yen finally crossing through the USDJPY 100 barrier during May for the first time in more than four years, Japan's Retail FX sector continues to generate record trading volumes, and record interest among Japanese retail FX traders. The proof? GMO Click, Japan's largest…

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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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March 07, 2013 BY Gerald Segal

AvaTrade chosen to replace Dukascopy's white label partner in Japan – the real story

AvaTrade will continue to use Dukascopy's JForex platform for those clients, and potentially others. Stay tuned to LeapRate for the real story-behind-the-story in the FX world..... Dukascopy today announced a partnership with Ava Trade Japan (the Japan division of global FX brokerage firm AvaFX, a member of LeapRate's Approved List), whereby the JForex Platform will be available…

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February 06, 2013 BY Gerald Segal

GMO Click Japan FX volumes soar to set records in January

Assuming 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…

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December 03, 2012 BY Gerald Segal

GFT abandons US and Japan retail FX markets

NFA has made it impossible for all but largest of online brokers to survive. GFT, one of the five largest US-based retail FX brokerage firms, has decided to close shop in its own home market (as well as in Japan). GFT posted a notice on its home page stating that it had "made a business…

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August 28, 2012 BY Gerald Segal

Japan's Forex market still reeling in first half 2012

Gaitame 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…

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