DMM Volumes Fall In October

Despite increases in Click 365 and GMO Click Securities trading volumes for October, Japan’s second largest retail FX broker by volume reported a decline in activity versus its September figures. For the month, DMM reported $268 billion in volume compared to $275 billion in the previous month. The rise in September volumes from $161 billion in August reflected the end of summer trading as well as the broker also including figures from its recently purchased Gaitame Japan brokerage. As such, with other Japanese venues reporting better further increases in October versus September, DMM’s numbers were a little surprising. 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 Magnates reached out to DMM about the drop in volumes and whether their was a catalyst behind the decline such as Gaitame clients trading less or closing their accounts after the Merger Merger A merger is defined as the absorption of the interest of another. It can include an estate, or contract. There are no specific rules or formats for a union in general. It is a method of combining two or more organizations, business concerns, or other related interests. The terms of a merger are usually by agreement of the parties involved. In the financial sphere, merger refers to an agreement between two or more companies or corporations, public and private, to merge into one entity. Mergers d A merger is defined as the absorption of the interest of another. It can include an estate, or contract. There are no specific rules or formats for a union in general. It is a method of combining two or more organizations, business concerns, or other related interests. The terms of a merger are usually by agreement of the parties involved. In the financial sphere, merger refers to an agreement between two or more companies or corporations, public and private, to merge into one entity. Mergers d Read this Term. A DMM representative responded that the broker didn’t see any specific reason and perhaps the fall was due to September being a very good month versus any negative factors in October.