KABU

Kabu has reported a monthly uptick in metrics in June, ending a declining trend since March.

The broker is one of the latest trading providers to see a continued drop in performance from March highs.

After a lacklustre February, the Japanese retail broker has noted a recovery in March.

The trading value fell by 3.2 percent month-on-month.

The broker managed to report a monthly increase across forex, futures and equities.

Despite a drop in FX, the futures trading value in October soared.

The OTC forex trading value and futures trading value both fell on a month-on-month comparison.

The broker managed to record a rise in trading across most of its segments.

The changes are effective from August 1, 2019.

All of the broker’s reported financial metrics fell year-over-year.

The broker did see an uptick in market making and non-traditional revenue, however.

Overall, the securities broker reported weak business metrics during the month.

In May, revenues generated from commissions was ¥478 million ($4.4 million).

The preliminary results released today reveal a more than 32 percent drop in net income.

The broker has recorded two months of consecutive growth following January’s poor results.

The company will establish two new departments in April.

Net revenues increased by 3.5 per cent month-on-month.

The monthly trading storefront FX trading price fell by more than 50 per cent month-on-month.

It's unclear as to what caused the slump for the Japanese retail broker

Multiple sectors of the online broker experienced a month-on-month decline.

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