Gaitame's July 2017 Trading Volumes Fall 28.8 percent YoY

Japanese Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term brokerage group Gaitame has released its trading metrics for July 2017, which indicate subtle changes for the most part on both month-on-month and year-on-year bases.

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In July, the number of client accounts at Gaitame rose to 450,502, up 0.41 percent month-on-month, compared to the 448,678 accounts registered in the preceding June. This time last year there had been 425,447 client accounts, which points to an increase of 5.89 percent on a year-on-year basis.

Total deposits in July 2017 reached $1.03 billion (¥113.87 billion), up 0.8 percent on a month-on-month basis, from June’s $1.02 billion (¥112.97 billion). In July 2016, total deposits were estimated at about $1 billion (¥110.52 billion), so Gaitame is looking at slight growth of 3.03 percent year-on-year.

Gaitame saw a decrease in trading volumes during July 2017, which fell from the previous June’s $1.81 billion (¥199.70 billion) to $1.72 billion (¥190.35 billion), down 4.69 percent on a month-on-month basis. In July 2016, trading volumes stood at $2.4 billion (¥267.21 billion), which is a further decrease of 28.77 percent year-on-year.

The Japanese Forex Broker Forex Broker In the forex space, a broker is any company that can provide traders with access to a platform that permits the buying and selling of multiple currencies.The retail forex industry has grown over the past two decades to include every major jurisdiction, which in turn has necessitated new regulatory oversight. Relative to the institutional sector, retail brokers are rather small portion of the greater forex market. However, traders can rely on brokers for leveraged trading in a 24-hour-a-day marke In the forex space, a broker is any company that can provide traders with access to a platform that permits the buying and selling of multiple currencies.The retail forex industry has grown over the past two decades to include every major jurisdiction, which in turn has necessitated new regulatory oversight. Relative to the institutional sector, retail brokers are rather small portion of the greater forex market. However, traders can rely on brokers for leveraged trading in a 24-hour-a-day marke Read this Term earlier released its May 2017 trading metrics, which showed a recovery from the decreases it saw this year. The number of client accounts alone reached an all time high, to name one dramatic change.