The Japan-based online broker Kabu.com, a subsidiary of Japanese financial conglomerate Mitsubishi UFJ (MUFJ), today released its preliminary April trading metrics showing some mixed statistics – compared to March – and despite the two fewer trading days last month, according to information updated on the firm’s website.
Futures and Options trading at Kabu increased in April to ¥106 billion (roughly $990 million converted using today's rates), up by ¥7 billion yen month-over-month (MoM) from ¥99 billion reported in March, and the company added 267 new accounts bringing its total in that segment to 31,638 accounts for last month.
The company’s on-Exchange FX and contract for difference (CFD) volumes dipped to ¥25 billion ($233 billion), down by ¥1 billion from the ¥26 billion ($243 billion) reported in the prior month, and as April had two less trading days than March.
Over the counter (OTC) FX volumes declined to ¥36.291 billion from ¥39.791 billion, and were lower by 8.8% or ¥3.5 billion MoM. Kabu added 448 new accounts during April and the number of accounts in that segment reached a total of 83,427 during last month, according to the update.
The average daily volume (ADV) in the company’s securities business was ¥117,696,000,000 ($1.1 billion) during April and down from ¥118,309,000,000 ($1.1 billion) reported in March. The amounts of assets held by the firm under custody increased from just over ¥1.92 trillion to over ¥1.967 trillion, higher by ¥46.75 billion MoM.
The company passed the 1 millionth account mark in March, and continued with an additional 3,055 accounts added with the total number reported as 1,005,323 for the first month of the second quarter.
The new world of online trading, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
The Japan-based online broker Kabu.com, a subsidiary of Japanese financial conglomerate Mitsubishi UFJ (MUFJ), today released its preliminary April trading metrics showing some mixed statistics – compared to March – and despite the two fewer trading days last month, according to information updated on the firm’s website.
Futures and Options trading at Kabu increased in April to ¥106 billion (roughly $990 million converted using today's rates), up by ¥7 billion yen month-over-month (MoM) from ¥99 billion reported in March, and the company added 267 new accounts bringing its total in that segment to 31,638 accounts for last month.
The company’s on-Exchange FX and contract for difference (CFD) volumes dipped to ¥25 billion ($233 billion), down by ¥1 billion from the ¥26 billion ($243 billion) reported in the prior month, and as April had two less trading days than March.
Over the counter (OTC) FX volumes declined to ¥36.291 billion from ¥39.791 billion, and were lower by 8.8% or ¥3.5 billion MoM. Kabu added 448 new accounts during April and the number of accounts in that segment reached a total of 83,427 during last month, according to the update.
The average daily volume (ADV) in the company’s securities business was ¥117,696,000,000 ($1.1 billion) during April and down from ¥118,309,000,000 ($1.1 billion) reported in March. The amounts of assets held by the firm under custody increased from just over ¥1.92 trillion to over ¥1.967 trillion, higher by ¥46.75 billion MoM.
The company passed the 1 millionth account mark in March, and continued with an additional 3,055 accounts added with the total number reported as 1,005,323 for the first month of the second quarter.
The new world of online trading, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
