On this basis, Invast went through more and more strength in Australia. However, the closure of the Australian DMM operations does not appear to be related to any regulatory matter. It is indeed a strategic internal decision. The urgency of the decision is a point of concern. In such cases, it is not just about customer funds as it includes the company's communication.
Large companies often conclude long-term contracts with technology providers and service providers. Which is why authorities often neglect such considerations. However, FinanceFeeds realizes that despite the orderly liquidation, attention should be equal to both suppliers and customers.
Japan is home to 35% of all retail orders flows. But they focus on the domestic market. Many Japanese retailers are producing, in many cases, a volume of more than $ 1 trillion per month for the company, exclusively from orders outflow from Japanese customers.
For the dominant companies in the industry, undertaking operations outside Japan were more difficult, additionally highlighted today by the sudden decision of DMM FX to withdraw from the market and close its operations in Australia. DMM Securities, the parent company of DMM FX, is one of the largest foreign currency companies in its parent territory in Japan, not only in Japan, but also in terms of volume, being one of the record producers in 2013, when it produced a sustained monthly amount of 1 trillion dollars a month in the summer months.