Kabu’s FX Volumes in March Continue to Fall from 2018 Highs

Kabu.com, a subsidiary of Mitsubishi UFJ (MUFJ), has reported its preliminary results for its trading volumes and metrics for March 2018. The latest results encompass both futures and options, which saw a retreat that established fresh yearly lows.

During March 2018, Kabu’s futures and options volumes resumed a downtrend that has been intact since January. Looking specifically at trading volumes for the month, the latest figures came in at 29.3 billion yen ($273 million), a fall of 15 percent month-over-month from 34.4 billion yen ($325.4 ‎million) in February 2018.

Moreover, over-the-counter (OTC) FX trading accounts notched a marginal climb in March 2018, inching higher to 93,241 accounts, slightly up month-over-month from 92,968 accounts in February 2018 – accounts have been held to a tight consolidation in Q1 2018, though the number has risen five percent year-over-year.

The performance of Kabu’s volumes on a month-over-month basis in each of these segments will largely be driven by the direction and movement of the yen moving forward in April.

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 brokerage firms, including Japanese venues, saw their volumes ticking lower in March, which didn’t react to any major market drivers.