Gaitame Trading Volumes Down 31 Percent in August

Japanese brokerage Gaitame today announced its latest set of figures for August 2016. The company continues to build on a positive performance in terms of acquiring new clients this year with an continual increase in accounts culminating in an extra 2,393 new clients for the month of August.

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According to the data, Gaitame’s traders brought in $180 billion worth of transactions during the month. The figure is down on last month’s by 31 percent and 37.5 percent lower than the same period in 2015.

Gaitame, as one of the biggest Japanese brokerages, is no stranger to the lulls that the financial markets are used to seeing over the summer months, particularly in August. In addition, its volumes have been greatly impacted by the latest bouts of Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad Read this Term on the foreign exchange market and continue to be affected by the aftermath of the Brexit Brexit Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Read this Term vote.

The typical seasonal slowdown during the summer months has been observed in almost all Japanese broker houses last month and as usually can be expected, the markets should get back into full swing during September.

As seen, Gaitame still continued to add new clients in August even though the figure was down on July’s 3,010. The total number of deposits held at the brokerage has increased marginally to ¥111 trillion after peaking in May.