DMM Becomes Top Japanese FX Broker by Volume, Surpasses GMO CLICK with New High
- The total client FX trading volume for DMM was an incredible $1.3 trillion. GMO CLICK's figures fell short of DMM in January - ceding the title of the number one retail FX broker by volume in Japan to DMM.
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 broker by volume, DMM Securities, has just released its January 2015 volumes showing continued positive month-on-month figures after six straight months of growth for the broker.
The total client FX trading volume in January 2015 for DMM was an incredible figure of $1,316.2 billion (154,646 billion yen), up by about 17% from $1,125 the previous month. The figure is even more impressive in a yearly comparison as it represents a 71% rise from January 2014, which itself saw a major surge 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."
Rival Japanese brokerage GMO CLICK Securities has reported similar positive monthly metrics in January 2015, showing a jump of about 14%, beating its December 2014’s high mark. However, GMO CLICK's figures fell short of DMM in January 2015 and the previous month, ceding the title of the number one retail FX broker in Japan to DMM.
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 broker by volume, DMM Securities, has just released its January 2015 volumes showing continued positive month-on-month figures after six straight months of growth for the broker.
The total client FX trading volume in January 2015 for DMM was an incredible figure of $1,316.2 billion (154,646 billion yen), up by about 17% from $1,125 the previous month. The figure is even more impressive in a yearly comparison as it represents a 71% rise from January 2014, which itself saw a major surge 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."
Rival Japanese brokerage GMO CLICK Securities has reported similar positive monthly metrics in January 2015, showing a jump of about 14%, beating its December 2014’s high mark. However, GMO CLICK's figures fell short of DMM in January 2015 and the previous month, ceding the title of the number one retail FX broker in Japan to DMM.