Gaitame Trading Volumes, Account Numbers and Deposits Rise in June

Gaitame.com has just reported its client related metrics for the month of June and the results continue to trend higher. Throughout the Japanese brokerage, the firm has reported an increased number of trading accounts which have grown by about 1,800. Total client deposits have also increased, totaling ¥11.13 trillion ($91.2 billion) and marking year-on-year growth of 8.6 percent.

Trading volumes throughout the month have also increased and materially so due to the volatile Japanese yen carry trade. The figures came out at ¥29.6 trillion ($239 billion), which is higher by a whopping 36 percent when compared to last month and the highest number since January this year when the firm reported its second most active month ever.

The Japanese brokerage has marked a slump in trading volumes in previous months due to the reduced Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term of the Japanese yen, however, some market turmoil in June has prompted traders to liquidate their carry trade positions and others to enter into the trade from lower levels, driving volumes higher once more.

Gaitame.com has been gaining substantial traction throughout the past year with trading volumes, growing by a whopping 374 percent year-on-year. The company has been capitalizing on its award at the Forex Magnates' Tokyo Summit last year when it won the prize for best education tools.

Apparently these same tools and possible more are also resulting in increased retention rates and trading volumes.