Kabu’s March FX and Options Volumes Jump on Volatility

Tuesday, 04/04/2017 | 10:23 GMT by Jeff Patterson
  • The latest volumes at Kabu have bounced off a recent floor last month, beginning a slow ascension MoM.
Kabu’s March FX and Options Volumes Jump on Volatility
Bloomberg

Kabu.com, a subsidiary of Mitsubishi UFJ (MUFJ), has disclosed its preliminary results for its trading volumes and metrics for March 2017. The latest results encompass both futures and options and have orchestrated a healthy month-over-month rebound, negating all of its recent losses in this space so far in 2017, per a recent Kabu.com release.

During March 2017, Kabu's futures and options volumes were able to finally snap out of a consecutive monthly decline, which had seen an downward trending movement in recent months, due in part to a lack of market drivers and lower Volatility . Volumes for March 2017 came in at ¥39.9 billion ($361.3 million), a climb of 17.0 percent month-over-month from ¥34.1 billion ($308.8 million) in February 2017.

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Moreover, over-the-counter (OTC) FX trading accounts also notched a marginal climb in March 2017, inching higher to 88,968 accounts, virtually unchanged month-over-month from 88,968 accounts in February 2017 – accounts have been held to a tight consolidation over the past six months.

The recent growth on a month-over-month basis in each of these segments was the result of growing volatility, which gradually woke the markets last month. 2017 has been a mixed bag, not unlike Q1 2016, with oscillating levels of volatility that have certainly been reflected in Exchange volumes.

Kabu.com, a subsidiary of Mitsubishi UFJ (MUFJ), has disclosed its preliminary results for its trading volumes and metrics for March 2017. The latest results encompass both futures and options and have orchestrated a healthy month-over-month rebound, negating all of its recent losses in this space so far in 2017, per a recent Kabu.com release.

During March 2017, Kabu's futures and options volumes were able to finally snap out of a consecutive monthly decline, which had seen an downward trending movement in recent months, due in part to a lack of market drivers and lower Volatility . Volumes for March 2017 came in at ¥39.9 billion ($361.3 million), a climb of 17.0 percent month-over-month from ¥34.1 billion ($308.8 million) in February 2017.

[gptAdvertisement]

Moreover, over-the-counter (OTC) FX trading accounts also notched a marginal climb in March 2017, inching higher to 88,968 accounts, virtually unchanged month-over-month from 88,968 accounts in February 2017 – accounts have been held to a tight consolidation over the past six months.

The recent growth on a month-over-month basis in each of these segments was the result of growing volatility, which gradually woke the markets last month. 2017 has been a mixed bag, not unlike Q1 2016, with oscillating levels of volatility that have certainly been reflected in Exchange volumes.

About the Author: Jeff Patterson
Jeff Patterson
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About the Author: Jeff Patterson
Head of Commercial Content
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