Gaitame to Offer Exchange-Traded FX Margin Contracts on Click 365

by Victor Golovtchenko
  • The company decided to expand its offering for margin FX by adding exchange-traded margin contracts traded on the Tokyo Financial Exchange
Gaitame to Offer Exchange-Traded FX Margin Contracts on Click 365
photo: Bloomberg

Japanese broker Gaitame has decided to expand its margin FX offering by introducing Exchange -traded contracts. The company has applied for a license and will be launching the Click 365 platform offering margin FX contracts traded on the Tokyo Financial Exchange.

According to the company’s announcement, the offering is scheduled to go live sometime this fall. The addition is an important add-on to the company’s line-up as it is bringing an attractive offering for traders keen to put their trades out on an exchange.

Eliminating the conflict of interest between market making brokers and their customers has been at the forefront of the industry's transformation as it began rolling out STP (Straight Through Processing) offerings. That said, a number of market making brokers who have made their name during the years are doing internal netting and have been successful in defending their clients’ interests.

The trading volumes on the Japanese market bottomed out in June as a reversal in Volatility direction prompted the liquidation of carry trades. The Japanese retail traders have been heavily shorting the Japanese yen ever since the start of Bank of Japan's quantitative and qualitative easing program last year.

The month of June has been only the second monthly rally of the Japanese yen against its peers since July 2014.

Japanese broker Gaitame has decided to expand its margin FX offering by introducing Exchange -traded contracts. The company has applied for a license and will be launching the Click 365 platform offering margin FX contracts traded on the Tokyo Financial Exchange.

According to the company’s announcement, the offering is scheduled to go live sometime this fall. The addition is an important add-on to the company’s line-up as it is bringing an attractive offering for traders keen to put their trades out on an exchange.

Eliminating the conflict of interest between market making brokers and their customers has been at the forefront of the industry's transformation as it began rolling out STP (Straight Through Processing) offerings. That said, a number of market making brokers who have made their name during the years are doing internal netting and have been successful in defending their clients’ interests.

The trading volumes on the Japanese market bottomed out in June as a reversal in Volatility direction prompted the liquidation of carry trades. The Japanese retail traders have been heavily shorting the Japanese yen ever since the start of Bank of Japan's quantitative and qualitative easing program last year.

The month of June has been only the second monthly rally of the Japanese yen against its peers since July 2014.

About the Author: Victor Golovtchenko
Victor Golovtchenko
  • 3423 Articles
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About the Author: Victor Golovtchenko
  • 3423 Articles
  • 7 Followers

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