Having its headquarters in Tokyo, Japanese DMM.com reported its trading volumes for the previous month. Overall clients activity as compared to January, fell by 29% from $771 billion to $546.2 billion in February.
This is confirming the recent, February market trend. So far, several other Japanese online brokers also reported an inferior dynamics in the second month of 2014. However, DMM seems to be the record holder when it comes to month-over-month decrease, which amounted to nearly $224 billion.
It should be noted that last month we wrote about very high increases – DMM.com in January reached a 55% higher results than in December. This does not change the fact that currently reported February was below the twelve-month average ($699 billion).
It is worth to recall that in July 2013, DMM.com managed to cross the border of one trillion dollars of monthly trading volumes which was the result of dynamic growth in the preceding months. Lather, there was a sharp drop, which expect the temporary improvement in the January still continues.