Kabu Reports Weak FX and Options Volumes in April 2017

Kabu.com, a subsidiary of Mitsubishi UFJ (MUFJ), has reported its preliminary results for its trading volumes and metrics for April 2017. The latest results encompass both futures and options and incurred a sizable month-over-month decline, according to a corporate statement.

The London Summit 2017 is coming, get involved! [gptAdvertisement] During April 2017, Kabu’s futures and options volumes were unable to build on consecutive monthly growth, which had seen a rebound in the month prior. Volumes for April 2017 came in at ¥37.4 billion ($333.5 million), falling -6.5 percent month-over-month from ¥39.9 billion ($356.5 million) reported back in March 2017.

Furthermore, over-the-counter (OTC) FX trading accounts notched a marginal climb by less than 1 percent in April 2017, inching higher to 89,344 accounts, virtually unchanged month-over-month from 88,968 in March 2017.

The declines in each of these segments were the result of a declining Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad Read this Term – the trend was somewhat universal as most exchanges, including Japanese venues, saw their volumes ticking lower in April, which didn’t react to any major market drivers.