Japanese Binary Options Trading Continues to Recover, Volumes up 28% in August MoM
- Second month of trading volume increases for binary options in Japan. During August 2014 the trading reached ¥68,828,888,822. The figure is a complete recovery to the May 2014 trading volume level.
The Financial Futures Association of Japan (FFAJ) has released the retail over-the-counter binary options trading Monthly Metrics Report for August 2014, showing a second month of considerable increases in trading volumes.
During August the trading volume in binary options in Japan reached ¥68,828,888,822, a considerable increase of over 27.9% from the ¥53,790,714,399 volume of the previous month. The August figure is a complete recovery of the May 2014 trading volume level of ¥68,703,392,696 but still not even close to the figure of ¥117,561,433,433 reached in April of this year.
The eight “FFAJ Binary Options Member” refers to Japanese member firms within FFAJ involved in the transactions of OTC binary options for individual customers. These are composed of ‘trading members’, parties directly involved in the options trade, as well as ‘intermediary members’ third partying in the transaction. They include GMO CLICK Securities Co., Traders Securities Co., IG Securities Co., JFX, PLANEX TRADE. COM, Waijei FX, Hirose Trade Co. and FX Trade Financial.
The Japanese increase in binary options volumes is in line with trading volumes trends of 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 in the country, in comparison with FX volumes increase by 23.3% MoM in August at Japan Exchange Group.
The breakdown of the total binary options trading volume in August by currency pairs was: USDJPY ¥28,204,626,000, EURJPY ¥11,042,454,000, GBPJPY ¥13,411,118,000, AUDJPY ¥536,350,000, EURUSD ¥14,095,984,000, GBPUSD ¥812,915,934, Others ¥725,440,887.
The Financial Futures Association of Japan (FFAJ) has released the retail over-the-counter binary options trading Monthly Metrics Report for August 2014, showing a second month of considerable increases in trading volumes.
During August the trading volume in binary options in Japan reached ¥68,828,888,822, a considerable increase of over 27.9% from the ¥53,790,714,399 volume of the previous month. The August figure is a complete recovery of the May 2014 trading volume level of ¥68,703,392,696 but still not even close to the figure of ¥117,561,433,433 reached in April of this year.
The eight “FFAJ Binary Options Member” refers to Japanese member firms within FFAJ involved in the transactions of OTC binary options for individual customers. These are composed of ‘trading members’, parties directly involved in the options trade, as well as ‘intermediary members’ third partying in the transaction. They include GMO CLICK Securities Co., Traders Securities Co., IG Securities Co., JFX, PLANEX TRADE. COM, Waijei FX, Hirose Trade Co. and FX Trade Financial.
The Japanese increase in binary options volumes is in line with trading volumes trends of 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 in the country, in comparison with FX volumes increase by 23.3% MoM in August at Japan Exchange Group.
The breakdown of the total binary options trading volume in August by currency pairs was: USDJPY ¥28,204,626,000, EURJPY ¥11,042,454,000, GBPJPY ¥13,411,118,000, AUDJPY ¥536,350,000, EURUSD ¥14,095,984,000, GBPUSD ¥812,915,934, Others ¥725,440,887.