Tokyo Forex Brokers Suffer Volume Decline After Painful Year Of Growing Competition


Tokyo's foreign exchange brokers are reappraising their business strategies after a painful year in which they suffered reduced turnover, the impact of electronic brokerage systems and the arrival of a U.S. predator in the shape of Cantor Fitzgerald, sources say.

"What we need to do is not just wait for the market to recover but to review our strategy and rationalise," says Tomio Kudo, deputy general manager at Meitan Tradition Co. Ltd.

Between January and November last year, the volume of yen

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: