Wednesday,15/10/2014|06:19GMTby
George Tchetvertakov
Cumulatively, Japanese retail brokers report a 93% improvement in forex trading volumes in September with a 42% improvement YoY. Binary Options volumes suffered a 16% fall although existing and active accounts continued to rise.
The Financial Futures Association of Japan (FFAJ) has published its monthly update on FX and Binary Options volumes seen at retail Japanese brokerages listed with the association. The OTC FX monthly bulletin is accompanied by the personal OTC binary options bulletin showing that whereas Forex volumes have broadly increased amongst Japanese brokers in the month of September, binary options interest slowed.
The FFAJ lists 61 OTC retail FX margin trading operators with firms such as GMO Click, IG Securities, JFX and Waijei FX among the names although only 50 brokers report trading figures for collation.
The significant change in total FX trading volume from ¥195.7 trillion ($1.82 trillion) in August to ¥378 trillion ($3.53 trillion) in September represents a 93% month on month increase. Compared to September 2013, FX volumes rose 42% year-on-year. Open-interest in FX margin contracts decreased from 67,749 in August to 66,842 in September, a 1.3% fall.
Pick the Pair
In terms of currency pair preference, the majority of traders at Japanese broking firms prefer to trade USD/JPY (73%) and GBP/JPY (9%) as prime favourites. Whereas European-based traders tend to focus on EUR/USD on average, in Japan only 5% of all trading volume was conducted between the Euro and the US dollar.
The cumulative figures published by the FFAJ predictably indicate that the raft of positive volumes reports from Japanese brokers since the end of September adds up to a superbly lucrative month for the Japanese Retail Trading industry.
Binary Options
The FFAJ also publishes statistics relating to OTC binary options products being offered by Japanese brokers. OTC Retail Binary Options figures do not include binary option transactions traded by corporates or institutional investors.
The 8 reporting members saw a 16% decline in binary options volume in September with ¥57.5 billion (~$536 million) being traded in September, down from ¥69 billion (~$633 million) in August.
The amount of existing binary accounts has grown by a modest 1% from 287,132 to 289,979 while a total of 614 new active accounts were opened in September - amongst the 7 trading members and 1 intermediate member of the JJAF (GMO Click Securities, Traders Securities, IG Securities, JFX, Planex Trade, YJ FX, Hirose FX and FX Trade Financial).
The Financial Futures Association of Japan (FFAJ) has published its monthly update on FX and Binary Options volumes seen at retail Japanese brokerages listed with the association. The OTC FX monthly bulletin is accompanied by the personal OTC binary options bulletin showing that whereas Forex volumes have broadly increased amongst Japanese brokers in the month of September, binary options interest slowed.
The FFAJ lists 61 OTC retail FX margin trading operators with firms such as GMO Click, IG Securities, JFX and Waijei FX among the names although only 50 brokers report trading figures for collation.
The significant change in total FX trading volume from ¥195.7 trillion ($1.82 trillion) in August to ¥378 trillion ($3.53 trillion) in September represents a 93% month on month increase. Compared to September 2013, FX volumes rose 42% year-on-year. Open-interest in FX margin contracts decreased from 67,749 in August to 66,842 in September, a 1.3% fall.
Pick the Pair
In terms of currency pair preference, the majority of traders at Japanese broking firms prefer to trade USD/JPY (73%) and GBP/JPY (9%) as prime favourites. Whereas European-based traders tend to focus on EUR/USD on average, in Japan only 5% of all trading volume was conducted between the Euro and the US dollar.
The cumulative figures published by the FFAJ predictably indicate that the raft of positive volumes reports from Japanese brokers since the end of September adds up to a superbly lucrative month for the Japanese Retail Trading industry.
Binary Options
The FFAJ also publishes statistics relating to OTC binary options products being offered by Japanese brokers. OTC Retail Binary Options figures do not include binary option transactions traded by corporates or institutional investors.
The 8 reporting members saw a 16% decline in binary options volume in September with ¥57.5 billion (~$536 million) being traded in September, down from ¥69 billion (~$633 million) in August.
The amount of existing binary accounts has grown by a modest 1% from 287,132 to 289,979 while a total of 614 new active accounts were opened in September - amongst the 7 trading members and 1 intermediate member of the JJAF (GMO Click Securities, Traders Securities, IG Securities, JFX, Planex Trade, YJ FX, Hirose FX and FX Trade Financial).
£3M Post Tax Loss Marks Transitional Year for UK-Based APM Capital, Previously BUX
How FYNXT is Transforming Brokerages with Modular Tech | Executive Interview with Stephen Miles
How FYNXT is Transforming Brokerages with Modular Tech | Executive Interview with Stephen Miles
Join us for an exclusive interview with Stephen Miles, Chief Revenue Officer at FYNXT, recorded live at FMLS:25. In this conversation, Stephen breaks down how modular brokerage technology is driving growth, retention, and efficiency across the brokerage industry.
Learn how FYNXT's unified yet modular platform is giving brokers a competitive edge—powering faster onboarding, increased trading volumes, and dramatically improved IB performance.
🔑 What You'll Learn in This Video:
- The biggest challenges brokerages face going into 2026
- Why FYNXT’s modular platform is outperforming in-house builds
- How automation is transforming IB channels
- The real ROI: 11x LTV increases and reduced acquisition costs
👉 Don’t forget to like, comment, and subscribe.
#FYNXT #StephenMiles #FMLS2025 #BrokerageTechnology #ModularTech #FintechInterview #DigitalTransformation #FinancialMarkets #CROInterview #FintechInnovation #TradingTechnology #IndependentBrokers #FinanceLeaders
Join us for an exclusive interview with Stephen Miles, Chief Revenue Officer at FYNXT, recorded live at FMLS:25. In this conversation, Stephen breaks down how modular brokerage technology is driving growth, retention, and efficiency across the brokerage industry.
Learn how FYNXT's unified yet modular platform is giving brokers a competitive edge—powering faster onboarding, increased trading volumes, and dramatically improved IB performance.
🔑 What You'll Learn in This Video:
- The biggest challenges brokerages face going into 2026
- Why FYNXT’s modular platform is outperforming in-house builds
- How automation is transforming IB channels
- The real ROI: 11x LTV increases and reduced acquisition costs
👉 Don’t forget to like, comment, and subscribe.
#FYNXT #StephenMiles #FMLS2025 #BrokerageTechnology #ModularTech #FintechInterview #DigitalTransformation #FinancialMarkets #CROInterview #FintechInnovation #TradingTechnology #IndependentBrokers #FinanceLeaders
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
