DMM’s FX Volumes Continue to Drop for a Sixth Month, about -15% in July

Japan’s second largest retail 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 broker by volume, DMM Securities, has just released its July volumes showing another month-on-month decline, the sixth month straight of declines for the broker.

The total client FX trading volume in July 2014 for DMM was just $311.4 Billion (32,009 Billion yen), down by about 14.7% from $364.8 the previous month.

After a major surge in volumes at the start of the year (up 55% in January), the trading volumes for DMM have continued to fall month after month, hurt by the low 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 in the popular YEN USD currency pair. All Japanese brokers have been suffering similar declines in volume this year, but earlier this month the Tokyo Financial Exchange (TFX) posted a small comeback and we will need to see if the rest of the Japanese brokers follow TFX or DMM.