Japanese forex broker Gaitame‘s trading volume grew 27.5% on the month to JPY 23 trillion in December 2015, online finance media Finance Magnates reported on Wednesday. The figure represents a jump of 46%, compared to December in the previous year when trading volume amounted to JPY42.6 trillion.
The number of trading accounts Gaitame handled stayed flattish on the month to 406,637 in December as they increased by just 1,528.
The broker had nearly JPY 11.3 in client deposits at the end of last month. On an yearly basis this represents a 7.8% growth.
In comparison, Monex Group, another Japanese forex brokerage, has reported its trading volume from global operations amounted to $29.5 billion in December, while the trading volumes from OTC forex activities of GMO CLICK Securities and FX PRIME, both part of Japan’s GMO CLICK Holdings, amounted to JPY 77.5 trillion and JPY 6.4 trillion, respectively.
Monex’s clients had 220,363 OTC forex accounts in December, of which 63,225 were active ones. FX PRIME, a unit of GMO CLICK Holdings, handled 166,480 OTC forex accounts last month, while its peer GMO CLICK Securities serviced 427,276 OTC forex accounts, 51,817 contracts for difference (CFDs) accounts, 157,261 binary options accounts, and 276,169 brokerage accounts, as well as 319,213 TFX Click365 accounts.
Source: Finance Magnates