Japan FX Retail Broker Volumes Continue to Rise as January Figures Grow by 3.2%

Japanese over the counter (OTC) margin trading figures for January are out as the Financial Futures Association of Japan (FFAJ) has published its latest monthly figures. During the month, trading volumes were 661.9 trillion yen (approximately $5.61T). Volumes increased nearly 3.2% from December, when total Japanese volumes were reported at 641 trillion yen.

Volumes were composed of 48 out of 57 registered OTC 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 brokers who reported their January figures to the FFAJ. Of the over $5.61 trillion in activity, trading in Japan was led by DMM Securities which reported over $1 trillion in volumes during January. The activity at DMM Securities marked the second month in a row that DMM Securities has held the top spot as the largest global retail forex broker by volume, overtaking GMO Click Securities in December.

The increase marks six months in a row of rising volumes following activity in Japan bottoming at 168.9 trillion yen in July 2014. Volumes in Japan have been buoyed by a rise of Japanese yen volatility following the Bank of Japan’s decision to increase economic stimulus activities. Overall, even with the industry being limited by 25:1 leverage, volumes in Japan are well above the rest of the world due to Forex Trading Forex Trading Forex trading is the buying and selling of foreign currencies with the aim of generating a profit. The value of currencies, especially floating currencies, fluctuate to varying degrees. This constant volatility of exchange rates opens the door for speculators to invest in a certain currency against another. The Forex market is the world’s biggest and most liquid market, with over $5 billion turnover every single day, with the market being open 24 hours a day, 5 days a week.It goes without saying Forex trading is the buying and selling of foreign currencies with the aim of generating a profit. The value of currencies, especially floating currencies, fluctuate to varying degrees. This constant volatility of exchange rates opens the door for speculators to invest in a certain currency against another. The Forex market is the world’s biggest and most liquid market, with over $5 billion turnover every single day, with the market being open 24 hours a day, 5 days a week.It goes without saying Read this Term being the leading asset class traded in the country as well as tight spreads provided by local brokers.

(correction: A previous version of this article reported that volumes grew by 25%. That was based on comparing the FFAJ totals to a different Japanese report from December which uses a different calculation for reporting volumes. The current article reflects FFAJ January volumes versus their 2014 figures)