GAITAME

Transaction volume fell for the broker despite adding 1,775 new accounts.

The Group benefited from the COVID-19 induced market volatility, but the growth is slowing down.

The Tokyo-based broker said that it made the takeover to broaden its customer base.

The brokerage is still witnessing its best months despite the volume drop since March.

For the second quarter, however, the revenue achieved by the broker fell by 7.7 per cent.

The trading volume posted in June is the strongest since November of 2016, besides March 2020.

Transaction volume was lower month-on-month but was still higher on a yearly comparison.

Compagnie Financière Tradition reported consolidated revenue of $232.6 million.

The broker is yet another trading provider to benefit from COVID-19 volatility.

After a lacklustre performance in 2019, 2020 has so far provided healthy volumes for the broker.

The trading volumes come off the back of a weak quarter for the broker.

The broker’s parent company, however, largely posted a solid performance.

The broker has not seen such low transaction volumes since it started recording volumes back in 2014.

Transaction volumes for the broker did increase on a monthly comparison.

However, for the first nine months of 2019, the retail broker managed to report revenue growth.

Gaitame reported a transaction volume of $1.5 billion.

The Japanese broker is the latest trading provider to report solid volumes during the month.

The increasingly active client base in Japan contributed to a solid increase in margins in the first half of ...

The broker’s parent company said the increase in revenues was due to an uptick in activity.

Transaction volume, however, fell on a month-on-month comparison.

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