February Binary Options and Foreign Exchange Volumes in Japan Down
The monthly data which the Financial Futures Association of Japan publishes about volumes across the foreign exchange industry is out, confirming the broard trend which has already been identified from reporting companies.
Arguably, the only surprise comes from the binary options data, showing that trading volumes declined materially in February by 40%, while 1,100 active trading accounts vanished leaving the total figure at 14,002.
The trading volumes on the retail foreign exchange market have diminished as already highlighted by Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates in the coverage of the volumes of the major powerhouses on the Japanese market - GMO Click, DMM.com and Monex. The total figures for the industry declined just above 30% in February.
The data from the month of February has been impacted by materially lower Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term. While the decline in binary options is big, the data could still be impacted by fewer trading days during the short month of February.
The number is the second lowest on record after a dismal June last year led to rapidly declining volumes.
Since the beginning of 2014, when the FFAJ started publishing these figures, the number of active accounts on the Japanese market has remained rather constant peaking out in September. That said, there has been no direct correlation between volume reports and the number of active clients for the time being.
The monthly data which the Financial Futures Association of Japan publishes about volumes across the foreign exchange industry is out, confirming the broard trend which has already been identified from reporting companies.
Arguably, the only surprise comes from the binary options data, showing that trading volumes declined materially in February by 40%, while 1,100 active trading accounts vanished leaving the total figure at 14,002.
The trading volumes on the retail foreign exchange market have diminished as already highlighted by Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates in the coverage of the volumes of the major powerhouses on the Japanese market - GMO Click, DMM.com and Monex. The total figures for the industry declined just above 30% in February.
The data from the month of February has been impacted by materially lower Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term. While the decline in binary options is big, the data could still be impacted by fewer trading days during the short month of February.
The number is the second lowest on record after a dismal June last year led to rapidly declining volumes.
Since the beginning of 2014, when the FFAJ started publishing these figures, the number of active accounts on the Japanese market has remained rather constant peaking out in September. That said, there has been no direct correlation between volume reports and the number of active clients for the time being.