tokyo traders

Discussion in 'Hook Up' started by blueraincap, Jun 18, 2013.

  1. Learner,


    How has trading Japanese stocks changed, does the manipulation you spoke of still take place and how do they price their options? Has Japan used the old European Option Model or do they have their own method


    I would like to learn how to do more outside the US and TSE exchanges. The closest I can trade some Japanese stocks in on the Pink Sheets but they are not the most reliable indicator of the price-action.


    Which Broker do you use? Can we watch Japanese Animes afterwards? I can't get enough of those Mangas! :)
     
    #11     Aug 3, 2013

  2. Yes, manipulation still exists, but it's a far cry from the extent it existed back then. Too bad, was so easy to make money riding along.

    All are American options here.

    If you don't have a Japanese address, your best bet by far would be IB. I think ETRADE in the U.S., BOOM in H.K. and Phillip in Singapore offer Japanese stocks, but they're expensive.
     
    #12     Aug 3, 2013
  3. mgn

    mgn

    So getting away from JGB's what are you trading in Japan now? Any views on Japanese traders?
     
    #13     Aug 4, 2013
  4. i dont know any active daytraders in japan. are there many around?
     
    #14     Aug 4, 2013
  5. Bla bla bla. Nikkei index options are European. Nice anecdotes but try to keep the facts straight.

     
    #15     Aug 4, 2013
  6. Yes there are a lot especially after Nikkei pushed up 70+%. You see them linger in coffee shops and other public places in central Tokyo.

     
    #16     Aug 4, 2013
  7. Right now just Nikkei & Topix futures. Shortly, after I finish a trading related project I'm working on, I'll be looking at additional trading options.

    Not sure what you are asking regarding Japanese traders.
     
    #17     Aug 4, 2013
  8. mokwit

    mokwit

    Agree, shame - if you know which way round to play it the best odds in the casino. The joke in Asia is that if you want to run a successful vendor seminar you don't call it 'trade like a pro', you call it 'trade like a politician'.
     
    #18     Aug 4, 2013
  9. Sorry. As you say, European is correct. Have no idea why I mistakenly typed American.
     
    #19     Aug 4, 2013
  10. mgn

    mgn

    It seems that there is a predominance of Japanese institutional traders compared to independent traders , especially in the futures and options markets (correct me if I'm wrong). I was wondering if you came across many independent Japanese traders who were good enough to make a living in what has been a restrictive environment.

    What Japanese brokers provide the best rates for OSE Nikkei futures? I'm trading through UOB in Singapore for a fair rate (USD1.20) for SGX futures.
     
    #20     Aug 5, 2013