After a strong Q4 2014 and Q1 2015 which saw Japan’s Gaitame.com grow its monthly volumes above $300 billion, one of the payoffs for the broker has been a spike in accounts and net client deposits. The rise in assets led Gaitame.com to disclose that they had surpassed ¥110 billion in customer deposits during this month.
Explore the Japanese FX and Fintech Scene at Tokyo Summit 2015
The figure marks an all-time high in client assets for Gaitame.com, after being close to the milestone in 2012 and 2013 before experiencing a contraction in deposit amounts. Having finished 2014 with ¥104.6 billion in client assets, Gaitame.com has managed to increase deposits by over 5% so far during 2015, after only experiencing 2.8% growth for all of 2013.
The Participants in Forex Trading and their Role in the MarketGo to article >>
The rise in client assets occurred as Gaitame.com experienced a surge in overall trading volumes in part due to a rise in Japanese yen volatility. The volume gains led Gaitame.com to be ranked as the fifth largest forex broker by trading volumes in our Q1 Forex Industry Report. Interestingly though, Gaitame.com was able to continue experiencing client asset growth, even as volumes contracted during Q2. However, with moves in the Japanese yen rising again during the end of May and June, it could keep customer interest high which will be expected to benefit Gaitame.com and other local Japanese brokers.
For more information about participating at our Summit or exhibiting and sponsorship opportunities please email email@example.com