TOKYO - The Financial Services Agency said Friday it will impose a restriction on the leverage of foreign exchange margin transactions
from August next year despite opposition from investors and businesses engaging in forex trading.
and financial operations such as foreign exchange margin transaction
business operated by CyberAgent FX.
Consolidated assets at the end of the fiscal year rose 13,749 million yen from the end of the previous fiscal year to 62,911 million yen because of an increase in deposits received accompanying healthy growth in assets deposited as collateral for foreign exchange margin transactions
although there was a decline in cash and deposits due to share buybacks and the payment of taxes.
Consolidated liabilities grew 10,873 million yen to 28,865 million yen as a result of the increase in deposited guarantees for foreign exchange margin transactions
Consolidated liabilities grew 7,947 million yen to 25,939 million yen as a result of the increase in deposited guarantees for foreign exchange margin transactions
The Strategy may include such investment techniques as short sales, margin transactions
, leverage, derivatives trading, and futures.
Gains in operating income followed, despite upfront investments to expand page views for Ameba, with income gains from greater sales in the internet advertising agency business, firm earnings from foreign exchange margin transactions
and mobile advertising in the internet media (advertising/fee collection/contents) business, and contributions to income from the disposal of shares in Mixi Inc.
At present, Internet stock trading brokerage fees stand at between a fifth and a tenth of those charged by conventional securities firms, leading some investors to issue multiple selling and buying orders on the Net, including margin transactions
, in one day.
Net interest margin transactions
(NIMs), which are typically backed by subprime collateral, will confront similar challenges, with the added consideration that excess spread in the underlying securitizations is expected to be less robust than in the past.
Tokyo, Japan, Sept 25, 2007 - (JCN Newswire) - Japaninvest Group plc (Security Code: TSE Mothers Global 3827) ("the Company") announced that the Company's shares were expected to be selected as "loanable stock" for the Standardized Margin Transactions
on the Mothers Market of the Tokyo Stock Exchange.
The suspension, excluding settlements for margin transactions
, follows the Financial Services Agency (FSA) decision, announced Monday, to suspend Kokusai's operations at all of its offices on the same three days.
While one trading unit in the inter-bank market (the trading market among banks) is US$1 million (in the case of dollars), Forex transactions (foreign exchange margin transactions
) enable one trading unit as a small lot of US$10,000, so that individual investors can easily participate in margin transactions