Kabu.com, a subsidiary of Mitsubishi UFJ (MUFJ), has disclosed its preliminary results for its trading volumes, including foreign exchange (FX), futures, and options for the month ending December 2016, which saw an increase across the board with these trading instruments, according to a recent Kabu.com release.
FBS CopyTrade Launches a New Card Scanning Feature!Go to article >>
During December 2016, Kabu’s futures and options volumes revealed a consecutive monthly growth, rising to ¥43.1 billion ($366 million) which corresponded to a MoM gain of 60 percent from ¥42.8 billion ($364 million) in November 2016.
Additionally, over-the-counter (OTC) FX trading accounts also grew in December, climbing to 87,551, up from 87,162 in November 2016, or just under 0.5 percent higher MoM.
The sizeable growth across each of these trading instruments was stimulated by a surge of volatility across global markets during November and December, due to the US elections. The fallout of the surprise victory of Donald Trump has continued to produce some of the most heavily traded days of the 2016-year.