Japan’s Central Tanshi FX margin deposits grow 3.2%q/q in Q1 2016

Japan’s Central Tanshi FX margin deposits grow 3.2%q/q in Q1 2016

- in All News, Forex Brokers
Central Tanshi FX

Japanese forex broker Central Tanshi FX posted total customer margin deposits of JPY 64.8 billion in the first three months of 2016, the broker said on Friday. The figure is 3.2% lower than in the previous quarter and 0.9% higher than in the same period a year earlier.

Meanwhile the broker handled a record-high number of accounts, or 160,087 in the first quarter of the year, posting a monthly increase of 1.0% and an annual growth of 4.2%.

Year

Month

Account number

Margin deposits total (millions of yen)

2016

Q1

160,087

64,840

 

 

2015

Q4

158,450

67,011

Q3

156,747

68,623

Q2

155,345

68,884

Q1

153,582

64,281

 In comparison, Japanese broker GMO Click Securities, the world’s largest forex broker in terms of trading volume, serviced 436,199 over-the-counter (OTC) forex accounts and 328,404 TFX Click365 accounts (for exchange-traded forex) in March alone, and its peer FX Prime handled 168,449 OTC forex trading accounts last month. Meanwhile, Monex Inc. and TradeStation Group, both part of Japanese brokerage house Monex Group, had 995,368 and 61,348 active accounts, respectively, at the end of March, alone.

Central Tanshi FX a unit of Central Tanshi Co. and Date short Capital Group Co.It was set up in 2002 and offers forex margin trading services.

Earlier in March the broker announced a partnership with bitcoin exchange bitFlyer, which enabeled it to brcomr the first forex broker to offer clients bitcoins as bonuses.

Source: Central Tanshi FX

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like

Japanese crypto exchanges report 669 suspected money laundering cases

The 16 Japanese cryptocurrency exchanges have reported 669