Japanese Binary Options Trading Volumes Take Step Back in June

Friday, 14/07/2017 | 09:24 GMT by Jeff Patterson
  • The regulated component of the Japanese binary options industry saw a retreat in volumes off of May.
Japanese Binary Options Trading Volumes Take Step Back in June
Bloomberg

Japanese binary options traders have seen a decreased number of trading volumes in June 2017, citing a report by the Financial Futures Association of Japan (FFAJ). The Japanese regulator’s monthly publication, which aggregates the volumes of eleven regulated Japanese binary options operators, has shown an uneven performance in 2017 with June paring most of last month’s gains.

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Since peaking in January this year, 2017 has been characterized by an up-and-down oscillation in binary options trading activities. After a brief climb in May, June 2017’s latest reading came in at ¥38.1 billion ($336.6 million), a decline of 5.8 percent month-over-month from ¥40.5 billion ($357.5 million). This number constitutes the total across all brokerages that are providing binary options in Japan.

On a yearly basis, June’s reading was lower by approximately 7.0 percent when compared to ¥41.0 billion ($362.0 million) in June 2016. Japanese brokers are obligated to report all of their activity to the domestic regulatory authorities.

In addition to overall volumes, customers’ loss ratio trading binary options across eleven binary options providers in June 2017 was virtually unchanged relative to the month prior, at 78.1 percent. This figure has been largely static in 2017, clinging to a narrow band that has thus far been unable to exceed 78.5 percent.

Indeed, the FFAJ’s snapshot of volumes and losses presents a more robust version of the industry, outlining each of eleven major providers of the instrument in Japan. The collective pullback in volumes in June was attributed to lower levels of Volatility in Japanese markets, which like their European and US counterparts saw a waning level of activity and a lack of drivers as markets move into the slowest part of the trading year.

Japanese binary options traders have seen a decreased number of trading volumes in June 2017, citing a report by the Financial Futures Association of Japan (FFAJ). The Japanese regulator’s monthly publication, which aggregates the volumes of eleven regulated Japanese binary options operators, has shown an uneven performance in 2017 with June paring most of last month’s gains.

The London Summit 2017 is coming, get involved!

Since peaking in January this year, 2017 has been characterized by an up-and-down oscillation in binary options trading activities. After a brief climb in May, June 2017’s latest reading came in at ¥38.1 billion ($336.6 million), a decline of 5.8 percent month-over-month from ¥40.5 billion ($357.5 million). This number constitutes the total across all brokerages that are providing binary options in Japan.

On a yearly basis, June’s reading was lower by approximately 7.0 percent when compared to ¥41.0 billion ($362.0 million) in June 2016. Japanese brokers are obligated to report all of their activity to the domestic regulatory authorities.

In addition to overall volumes, customers’ loss ratio trading binary options across eleven binary options providers in June 2017 was virtually unchanged relative to the month prior, at 78.1 percent. This figure has been largely static in 2017, clinging to a narrow band that has thus far been unable to exceed 78.5 percent.

Indeed, the FFAJ’s snapshot of volumes and losses presents a more robust version of the industry, outlining each of eleven major providers of the instrument in Japan. The collective pullback in volumes in June was attributed to lower levels of Volatility in Japanese markets, which like their European and US counterparts saw a waning level of activity and a lack of drivers as markets move into the slowest part of the trading year.

About the Author: Jeff Patterson
Jeff Patterson
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About the Author: Jeff Patterson
Head of Commercial Content
  • 5448 Articles
  • 113 Followers

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