FFAJ Reports Continued Decline in Binary Options OTC Retail Trading

The Financial Futures Association of Japan (FFAJ) has released the statistics for over-the-counter (OTC) binary options retail trading across its eight reporting online trading firms for the month of April 2017. Trading volumes and Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term took quite a plunge in comparison to the month of March earlier this year, which can be attributed to the number of active accounts.

According to the report, the trading volume fell from ¥41.584 billion ($370.977 million) in March to ¥37.908 billion ($338.155 million) in April. The trading payment reflecting the premium paid by traders has decreased as well, falling from ¥18.551 billion ($161.969 million) in the preceding month to ¥16.348 billion ($145.876 million).

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The total number of existing client accounts grew by 0.47 percent from 365,420 in March to 367,128 to April. The number of active online trading accounts, however, slipped by 4.90 percent from 11,442 in the previous month to 10,881. It seems that not only are many traders opening accounts only to leave them untouched, but active traders are exiting the market too. The number of closed accounts stands at 561, following the lead of this time last year.

In April 2016, the number of existing accounts increased to 343,455 from 341,946 in March 2016. The number of active accounts, contrarily, was similar to this year, as it fell from 12,786 in March to 12,225 the following month.

In currency pairs, 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 trading volumes rose in all pairs, including but not limited to USD/JPY, EUR/JPY, GBP/JPY, AUD/JPY, and CHF/JPY. April 2016 was characterized by small increases in all currency pairs with the exceptions of GBP/USD and AUD/JPY that were declining from March that year.