Volume Metrics at Japanese DMM Securities Race Higher by 49% in October

According to information obtained 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, trading volumes at the second biggest Japanese brokerage, DMM Securities, skyrocketed by almost 50% in October. After a more than healthy rise in trading activity in September, this is the third straight month of increases for the brokerage and the highest figure since July 2013.

Customers of the brokerage have massively engaged the vibrant foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term market to contribute a total of $839.5 billion in October.

The second major batch of monetary policy easing measures announced by the Bank of Japan on the last trading day of the month have most certainly contributed to this spectacular rise in trading volumes.

The biggest Japanese brokerage, GMO Click, also announced its October volume metrics today, marking a new record high for the company in Japanese yen terms and surpassing the $1 trillion mark in US dollar terms.

The Japanese yen has depreciated by almost 5% since the Bank of Japan's announcement last Friday, contributing in a major way to rapidly increasing trading, and opening the door for the continuation of the positive trend in volume metrics of Japanese brokers next month.