![]() ![]() They are the ones that pay the minutest of attention to the most meager and slight shifts in fashion, the latest hotels and restaurants to go to, popular culture and so on.” It is this natural skill of constant and careful monitoring that she says has helped them work the currency trading market. It is relatively easy to get into trading online and easy to find a trader to help you with the processes-endless websites offer advice and self–study tutorials with free ‘trial runs.’ One housewife put it succinctly, saying that “from the rise of the information economy women have a distinctive advantage. So why is it that Japanese housewives are suddenly and so successfully triumphing such gains in a financial world once reserved solely for the slick professional? Foreign currency exchange (FX) trading was trumpeted by one observer as “The new ‘Wild Western Frontier’ of finance,” and it is one of the most fluid markets in the world, largely free of regulations or constraints placed on it by governing factions. But for many others it is a serious business to the tune of an estimated ¥9.1 billion a day ( so much so that back in July even Kiyohiko Nishimura, a board member of Japan’s equivalent of the US Federal Reserve, admitted that Japanese housewife traders were a stabilizing force in the currency markets: this comment made it clear that women were a major player, and were making a significant difference. For a lot of these housewives, and other young single working women, the advent of currency trading online is one that is approached in a mostly fun and lighthearted fashion. This year there have been scores of reported cases where women have already had large successes on the world currency market, blithely flipping off the Japanese yen in exchange for much higher interest rates from a multitude of currencies ranging from the Turkish lira to the Omani riyal. However, many of these Japanese housewives are doing much more than that. With Japan’s interest rates so low which is discouraging households to save, the freshly lucrative, seemingly straightforward and accessible world of online markets and international currency trading are appearing much more favorable for those interested in making a bit of money on the side. The Japanese housewife has recently taken on a whole new level of meaning, and is redefining the very concept of domestic housework in the form of online currency trading. She also holds the purse strings of her husband’s salary which, according to some analysts, is an estimated ¥12.5 trillion in household savings. She holds much domestic power, often autonomously, while her husband is working all hours of the day and night. The Japanese housewife is an iconic and integral part of the Japanese populace. It remains to be seen whether new entrants can compete in the congested UK marketplace which includes well-established offerings from brokerages such as AJ Bell and Hargreaves Lansdown as well as fintech challengers like Revolut.Currency markets: a popular option for amateur e-traders ![]() The potential of the UK online investment market was highlighted when asset manager Abrdn paid £1.5bn to acquire platform interactive investor back in 2022. This has consequently led to a rise in the number of online platforms and apps offering commission-free trading. The online, retail stock trading market was boosted considerably during the lockdown caused by Covid-19 and platforms such as RobinHood saw a massive upturn in users and volumes. “London and the broader UK market has always been the financial epicenter of Europe, so it’s a natural place for Public to start our international expansion,” said Leif Abraham, co-CEO and co-founder of Public. It is joined by multi-asset investment platform Public whose UK launch is its first venture outside the US market. The app offers trading in US equities as well as data analysis and zero-commission trading. “We believe there is great potential in the UK and look forward to rapidly expanding our product range to cater to our customers in the region,” said Webull CEO Anthony Denier. Webull Securities has launched its retail brorkerage service which offers fractional shares in more than 5,000 US-listed equities via its online app.
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