The Financial Futures Association of Japan (FFAJ) reported trading volumes during the month of April early on Tuesday. The report only confirmed what could be seen from respective brokers releases – markedly lower volumes during the month.
FFAJ compilates this report from 57 institutions, providing its operating metrics and thus creating a complexe report of OTC FX margin trading.
During April, volumes on this market sector reached only poor ¥462.8 trillion, falling from March volumes of ¥498 trillion. FFAJ informs that Japanese yen has been largely repurchased, what can be connected also to the actual bearish trend on the dollar.
As for the binary options, trading volumes dropped markedly M/M by 27% to only ¥41.63 billion in April. As from the yearly basis, the decline reached even 65%. The only positive aspect was that number of active trading accounts rose M/M to 14,515
This report is compiled from 9 respective binary options institutions in Japan.
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