DMM Volumes Collapse 35% in February, Back to Second Spot in Japan

One of Japan’s top-two 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 brokers by volume, DMM Securities, has just released its February 2015 volumes. The report shows disastrous month-on-month figures, breaking a six-month-in-a-row trend of growth for the broker.

The total client FX trading volume in February 2015 for DMM was an abysmal figure of just $850.8 billion (101,678 billion yen), down by about 35.4% from $1,316.2 billion the previous month. The figure is at least reassuring in a yearly comparison as it represents a 55.5% rise from February 2014, which itself saw a drop in volumes compared to the period before.

Since August 2014 the volumes have only been rising thanks to the 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 caused by “Abenomics.” The SNB shock gave an additional jolt to trading volumes in January that now receded.

Rival Japanese brokerage GMO CLICK Securities has reported similar negative monthly metrics in February 2015, showing a drop of about 20%. However, GMO CLICK’s figures surpassed those of DMM in February 2015 with $962 billion, winning back the title of the number one retail FX broker in Japan from DMM. Japanese rival Monex Group also saw volumes drop 37%.