DMM Securities Volumes Up Almost 5X – Sets April Record

Last August we reported that DMM Securities had acquired Gaitame Japan. Subsequently, DMM reported $161 billion in monthly volumes for August. The acquisition proved well timed, as a it caught a period of depressed interest in Japanese FX trading. Since that time, thanks to renewed 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 yen, overall volumes from the country have exploded. Nowhere is this being seen like at DMM Securities.

The broker has just announced a record in monthly volumes, with $761 billion traded during April. More than just setting a record, volumes have grown by $600 billion since last August, nearly 5X growth. The figures have led DMM Securities to become the 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, following only fellow Japanese firm GMO Click Securities. When asked about the record volumes, a spokesperson from DMM told Forex Magnates, that existing traders are trading more, as a result of the volatility.

Overall, following volume figures from GMO, Monex, DMM, and even FXCM’s Q1 earnings, it is apparent that Japan, and the greater Asia are currently powering growth in the industry for 2013.