"Day trading helps
explain why Japanese individuals now account for more than 40 percent of the
nation’s equity volume, or about as much as the overseas institutions that once
were the biggest traders. They’ve also helped make Japan the most volatile
developed market, which is good for some and bad for others. (...) Dramatic
price movements aren’t the only thing that’s made Japan a day trader’s
paradise. Deregulation of margin tradingopened the flood gates,
Murakami said. After rules were relaxed in January, investors can borrow three
times as much as their brokerage account balances and turn loans over the
instant they exit a trading position."
http://www.bloomberg.com/news/2013-06-23/abe-spurs-day-traders-as-japan-stock-volatility-hits-2-year-high.html
http://www.bloomberg.com/news/2013-06-23/abe-spurs-day-traders-as-japan-stock-volatility-hits-2-year-high.html