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…
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 moreTradition'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…
Read moreAvaTrade 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…
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 moreNFA 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…
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.
Read more