FFAJ Releases December Metrics, Binary and FX Volumes Rise 29.8%, 11.1% Month-over-Month

The Financial Futures Association of Japan (FFAJ) has released its over-the-counter (OTC) binary options figures for the month ending December 2014, which saw a 29.8% growth month-over-month in trading volume.

The monthly metrics build on strong performance seen during the autumn, which also came on the heels of a robust Q2 release that witnessed a 27.7% jump in trading volume.

During December 2014, the FFAJ reported a total trading volume of $611.2 million (¥71.57 billion), relative to just $470.5 million (¥55.13 billion) in the month of November.

In terms of existing accounts, the FFAJ yielded a figure of 300,572 for the month of December, compared with 296,958 accounts in November, corresponding to a marginal gain of just 1.2% month-over-month.

Retail FX Trading Also on the Rise

During the month of December, OTC retail margin FX trading came in at ¥6.410 hundred trillion, surging 11.1% month-over-month from ¥5.766 hundred trillion in the month of November.

Overall, December 2014 showed that there is presently ¥70.846 hundred billion in total positions, which is good, equalling a 4.74% gain month-over-month from November's¥67.642 hundred billion. In addition to an outright growth in FX trading volume and positions, the USD/JPY and cross yen also surged 12.2% month-over-month.