It's Official: Monex to Launch tradable in Japan

What was first suggested by 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 Magnates two days ago, became official today: One of the leading Japanese brokers, Monex Group, announced it was partnering with the innovative Danish apps based platform, tradable, to offer the platform to Monex's 1,300,000 clients in Japan. There's still no exact date for the launch, but we were told it would not be before late in the third quarter of 2013.

In an official joint statement the companies released, they defined the announcement as "the most significant to date, marking a major step forward in tradable's global expansion plan". The Danish platform also stated, it was "a significant coup for us to be entering the Japanese market just six months after launching our beta version".

Voted the most innovative financial product at the Forex Magnates Summit in London 2012, tradable allows traders to create a completely customized online Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term using third party developed apps to fully define their trading experience.

Oki Matsumoto, CEO of Monex, commented in the statement, saying “our partnership with tradable reflects Monex’s strategy of introducing our clients to the most innovative products on the market - and we are therefore delighted to be the first Japanese broker to adopt and roll out tradable".