Kabu April Volumes See Futures and Options Up Yet FX and CFD Trading Down

Kabu's securities trading segment also had lower volumes compared to March.

The Japan-based online broker Kabu.com, a subsidiary of Japanese financial conglomerate Mitsubishi UFJ (MUFJ), today released its preliminary April trading metrics showing some mixed statistics – compared to March – and despite the two fewer trading days last month, according to information updated on the firm’s website.

Futures and Options trading at Kabu increased in April to ¥106 billion (roughly $990 million converted using today’s rates), up by ¥7 billion yen month-over-month (MoM) from ¥99 billion reported in March, and the company added 267 new accounts bringing its total in that segment to 31,638 accounts for last month.

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The company’s on-exchange FX and contract for difference (CFD) volumes dipped to ¥25 billion ($233 billion), down by ¥1 billion from the ¥26 billion ($243 billion) reported in the prior month, and as April had two less trading days than March.

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Over the counter (OTC) FX volumes declined to ¥36.291 billion from ¥39.791 billion, and were lower by 8.8% or ¥3.5 billion MoM. Kabu added 448 new accounts during April and the number of accounts in that segment reached a total of 83,427 during last month, according to the update.

The average daily volume (ADV) in the company’s securities business was ¥117,696,000,000 ($1.1 billion) during April and down from ¥118,309,000,000 ($1.1 billion) reported in March. The amounts of assets held by the firm under custody increased from just over ¥1.92 trillion to over ¥1.967 trillion, higher by ¥46.75 billion MoM.

The company passed the 1 millionth account mark in March, and continued with an additional 3,055 accounts added with the total number reported as 1,005,323 for the first month of the second quarter.

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