Gaitame Trading Volumes Rebound Strongly in December

by Victor Golovtchenko
  • Gaitame's figure is still lower by 46 per cent drop when compared to December 2014's ¥42.6 trillion number
Gaitame Trading Volumes Rebound Strongly in December
Finance Magnates

Japanese brokerage Gaitame has registered a positive month in December 2015 after slumping trading volumes numbers have rebounded by more than 27 percent compared to the previous month.

The Japanese brokerage, reported an increased number of trading accounts in December 2015 which have grown by 1,528 month over month to 406,637, overall a very similar rate as in the previous months. Total client deposits have also increased, totaling ¥11.27 trillion (over $95 billion) and marking year-on-year growth of 7.8 per cent.

The trading volumes figures came out at ¥23 trillion (about $194.7 billion), which is an impressive 27.5 percent higher than during the previous month. Looking at the longer time frame, the figures are disappointing with a 46 per cent drop compared with December 2014's ¥42.6 trillion.

Back in November 2015 Gaitame's trading volumes declined by 25 percent to ¥18 trillion ($148 billion), while total trading accounts numbers increased by 1800 to 405,109. The total amount of funds deposited at the brokerage has also increased somewhat, marking ¥11.2 trillion from ¥11.1 trillion in October 2015.

Japanese brokers have reported a largely positive month in December. The main reason for increased trading activity has been the rather sharp rally in the Japanese yen as risk off sentiment has risen through the markets. As the Volatility continued to increase in the first weeks of 2016 the likelihood of further rebound in the trading volumes figures of Japanese brokers could increase.

Japanese brokerage Gaitame has registered a positive month in December 2015 after slumping trading volumes numbers have rebounded by more than 27 percent compared to the previous month.

The Japanese brokerage, reported an increased number of trading accounts in December 2015 which have grown by 1,528 month over month to 406,637, overall a very similar rate as in the previous months. Total client deposits have also increased, totaling ¥11.27 trillion (over $95 billion) and marking year-on-year growth of 7.8 per cent.

The trading volumes figures came out at ¥23 trillion (about $194.7 billion), which is an impressive 27.5 percent higher than during the previous month. Looking at the longer time frame, the figures are disappointing with a 46 per cent drop compared with December 2014's ¥42.6 trillion.

Back in November 2015 Gaitame's trading volumes declined by 25 percent to ¥18 trillion ($148 billion), while total trading accounts numbers increased by 1800 to 405,109. The total amount of funds deposited at the brokerage has also increased somewhat, marking ¥11.2 trillion from ¥11.1 trillion in October 2015.

Japanese brokers have reported a largely positive month in December. The main reason for increased trading activity has been the rather sharp rally in the Japanese yen as risk off sentiment has risen through the markets. As the Volatility continued to increase in the first weeks of 2016 the likelihood of further rebound in the trading volumes figures of Japanese brokers could increase.

About the Author: Victor Golovtchenko
Victor Golovtchenko
  • 3423 Articles
  • 7 Followers
About the Author: Victor Golovtchenko
  • 3423 Articles
  • 7 Followers

More from the Author

Retail FX

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}