Retail Forex volumes amounted to JPY 424
trillion in May, down 8.4% from already subdued levels seen in April
2015, whereas binary options volumes staged a small rise.
The
Financial Futures Association of Japan (FFAJ) has just reported the
trading data for May 2015 for Japanese retail Forex and binary options
brokers. Forex volumes did not provide a good piece of news, as trading
activity kept declining last month. On the brighter side, binary options
volumes managed to gain some ground and rose slightly on a monthly
basis.
It is time to check out the particular numbers, starting with Forex data.
A total of 57 members
reported their FX operating metrics for May 2015 to FFAJ, with their OTC
retail Forex margin trading volumes amounting to a total of JPY 424
trillion (USD 3.43 trillion). The result is 8.4% down from the JPY 462.8
trillion recorded in April 2015, when the volumes were already declining.
The annual comparison was better, with May 2015 result up massive 77% from the volume of JPY 336 trillion seen in May 2014.
Let’s see what happened on
the binary options trading field now. As stated previously, the binary
options volumes delivered a better picture than the FX ones when it came
to monthly comparisons.
- A total of nine FFAJ members reported their binary options trading metrics for May 2015.
- Their binary options trading volumes for May 2015 totaled JPY 42.04 billion, which is 1% higher than the result seen in April 2015.
- However, on an annual basis, the result in May 2015 lagged substantially behind the volumes of JPY 68.7 billion recorded in May 2014.
- Trading payments were down from JPY 18.6 billion in April 2015 to JPY 18.3 billion in May 2015.
- The number of existing accounts at binary options brokers rose by roughly 3,000 on a monthly basis to 316,562. However, the number of active accounts fell marginally to 14,227.
- Across trading instruments that are most popular as underlying assets for binary options, USD/JPY was most traded, followed by GBP/JPY and EUR/USD.