FFAJ Reports Weak FX and Binary Options Volumes in April
- Over-the-counter trading volume fell by more than 18 percent in April.
April was a tough month for trading providers in the foreign exchange (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 ) space, driven by low Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent , which has seen many brokers report low trading volumes. This Monday, the Financial Futures Association of Japan (FFAJ) has published its trading volumes for April, revealing a similar pattern.
Specifically, the regulator has published the monthly trading volumes for retail foreign exchange (forex) margin trading operators, as well as the trading volumes for its retail over the counter (OTC) binary options dealers for April of 2019.
In April the number of OTC forex margin trading operators registered with the FFAJ was 54. When comparing this against the previous month, this is the same amount of operators and should, therefore, not have any bearing on the results.
Taking a look at the results, the OTC trading volume of the Tokyo Financial Exchange (TFX) for April was ¥235.5 trillion ($2.14 trillion). When comparing this against the previous month, it is lower by 18.21 percent.
The trading volume for the USD/JPY pair, Cross Yen, also didn’t fare well during April on TFX. This is because trading volumes fell by 18.43 percent from March’s volume, to reach ¥203.4 trillion.
The trading volume for on-exchange contracts in April was even weaker than OTC volumes, at ¥1.5 trillion. When comparing this with the ¥1.98 trillion trading volume in March, it has declined by 26.64 percent.
FFAJ: Binary Options Volume Falls 17.63% MoM
Moving on to binary options, which combines the trading volumes achieved by the eight FFAJ members including GMO Click Securities Co, it appears that trading activity for binary options was also lackluster in the fourth month of 2019.
The trading volume for binary options in April was ¥26.2 billion. Considering that March had a trading volume of ¥31.8 billion, last month’s figure is lower by 17.63 percent month-on-month.
April was a tough month for trading providers in the foreign exchange (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 ) space, driven by low Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent , which has seen many brokers report low trading volumes. This Monday, the Financial Futures Association of Japan (FFAJ) has published its trading volumes for April, revealing a similar pattern.
Specifically, the regulator has published the monthly trading volumes for retail foreign exchange (forex) margin trading operators, as well as the trading volumes for its retail over the counter (OTC) binary options dealers for April of 2019.
In April the number of OTC forex margin trading operators registered with the FFAJ was 54. When comparing this against the previous month, this is the same amount of operators and should, therefore, not have any bearing on the results.
Taking a look at the results, the OTC trading volume of the Tokyo Financial Exchange (TFX) for April was ¥235.5 trillion ($2.14 trillion). When comparing this against the previous month, it is lower by 18.21 percent.
The trading volume for the USD/JPY pair, Cross Yen, also didn’t fare well during April on TFX. This is because trading volumes fell by 18.43 percent from March’s volume, to reach ¥203.4 trillion.
The trading volume for on-exchange contracts in April was even weaker than OTC volumes, at ¥1.5 trillion. When comparing this with the ¥1.98 trillion trading volume in March, it has declined by 26.64 percent.
FFAJ: Binary Options Volume Falls 17.63% MoM
Moving on to binary options, which combines the trading volumes achieved by the eight FFAJ members including GMO Click Securities Co, it appears that trading activity for binary options was also lackluster in the fourth month of 2019.
The trading volume for binary options in April was ¥26.2 billion. Considering that March had a trading volume of ¥31.8 billion, last month’s figure is lower by 17.63 percent month-on-month.