Seven Investors, a Japanese financial services firm has selected Visual Trading Systems proprietary trading platform, VT Trader II. The firm officially launched the trading platform on the 3rd of August, a spokesperson for Visual Trading Systems informed Forex Magnates.
“We do anticipate a substantial interest among traders as VT Trader has always had a large following in Japan,” said Yury Arane, Program Manager at Visual Trading Systems, LLC in a comment to Forex Magnates.
Japan’s FX market has been on the receiving end of a positive tidal wave after the country’s currency has been keeping investors on the edge. Trading metrics for FX brokers from the world’s third largest economy have been astonishing this year, with the leading players recording plus $1 trillion in total monthly volumes. Speaking about the upbeat performance of the Japanese FX market in an interview with Forex Magnates, President of GMO CLICK Securities Hideyuki Takashima commented: “We are confident that the Japanese FX market will keep growing as the stock market has been negative for a long time. It’s worth to note that total amount of deposits and the number of accounts has actually increased.”
The VT Trader II comes with a range of enhancements from earlier versions; users can trade directly off charts, customize their interface and detach quote feeds.
TrustedBrokerz: The Source More Traders Are TrustingGo to article >>
Japanese traders were first exposed to the VT Trader platform via CMS Forex, the firm offered trade execution via the platform to both retail and institutional clients from its offices in the US, UK & Japan. CMS Forex later sold its Japanese entity to Gain Capital and Alpari, with the former purchasing the client base and client assets and the latter buying the license. Seven Investors offers traders a wide choice of platforms including; Trading Station, MT4 and now VT Trader II. Seven Investors is a subsidiary of a leading multi-asset trading firm, Nissan Century Securities Co., Ltd.
Japan, the world’s largest market for spot FX trading has always been a platform agnostic marketplace, unlike other regions where platform monopoly has been driving the sector. Japanese investors are open to a diverse range of trading portals.
Trading platforms available in Japan:
- Lion Trader
- Metatrader 4
- Simple Trade
- Pro Trade
- Gaitame Online
- Horizon Pro
- Hyper Speed
- Trading Station
- Dealbook 360
The recent surge in trading volumes in Japan gives an overall boost to the margin FX markets after brokers felt the sting of growing regulations, operating costs and stagnating client interest. Forex magnates expects the market to continue its strong growth pattern witnessed since the e-trading revolution in the late 90’s and retail traders to take advantage of the recent introduction of open source trading platforms.