Exclusive: tradable to Partner with Monex Group for Japanese Localization

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 has learned that tradable, the innovative Danish apps based platform, is partnering with Monex Group, one of Japan's largest brokers. It seems that tradable's platform will be localized for the Japanese audience. Sources tell us that tradable has been working closely with Monex to adapt its platform to Japanese environment with Monex's help and that Monex will in return be the first and so far only provider of the platform in Japan. Monex, who recently acquired TradeStation and Interbank FX in the US, thus becomes the first Japanese broker to go live with tradable.

Up until now only a handful of European brokers have made this move with London based Tradenext being the first. Japan is not an easy market for foreign technology companies - both Metatrader and ACT aren't pioneering the local market which is rather controlled by local system providers making this move for tradable a strategic one. tradable also recently partnered with Ireland based First Derivatives to offer FD's Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term management and reporting tools through its platform. It would certainly be very interesting to see the feedback and adoption rates by the Japanese traders to this platform as they much differ from the European ones.

We've reached out to both companies for a comment.