Retail FX Trading Volumes in Japan Pick Up Speed in September

Thursday, 15/10/2015 | 07:01 GMT by Avi Mizrahi
  • According to the Financial Futures Association of Japan (FFAJ) trading volumes have increased for a second month.
Retail FX Trading Volumes in Japan Pick Up Speed in September
Bloomberg

The Financial Futures Association of Japan (FFAJ) has today published its most recent data on OTC (over-the counter) retail foreign Exchange (FX) margin trading volumes for the month of September 2015.

During September the total FX Retail Trading volume in Japan reached 547 trillion yen, a month-over-month increase of 11.4% This comes after August 2015 saw a modest 2.5% MoM increase from the previous month of July, with the trading volume of OTC FX margin trading coming in at 491 trillion yen.

This two month growth in trading volumes is very good news for the Japanese retail FX industry after it saw volumes dive in early 2015. It is also reassuring in comparison to relevant markets, such as the Japanese binary options market that saw trading volumes decrease for a second month in September and the American retail FX industry that suffered a funds decline in August 2015.

Open positions at the end of the month increased by 115 billion JPY from the previous month, with a total of 6,776 billion JPY in open positions. At the end of August, 55 FX margin trading operators were reported to be active in the country.

In late August, the FFAJ has reported its operating metrics for the first quarter (according to the Japanese its fiscal year) ending June 30, 2015, underscoring a weakness in over-the-counter foreign exchange volumes.

FFAJFX151015

The Financial Futures Association of Japan (FFAJ) has today published its most recent data on OTC (over-the counter) retail foreign Exchange (FX) margin trading volumes for the month of September 2015.

During September the total FX Retail Trading volume in Japan reached 547 trillion yen, a month-over-month increase of 11.4% This comes after August 2015 saw a modest 2.5% MoM increase from the previous month of July, with the trading volume of OTC FX margin trading coming in at 491 trillion yen.

This two month growth in trading volumes is very good news for the Japanese retail FX industry after it saw volumes dive in early 2015. It is also reassuring in comparison to relevant markets, such as the Japanese binary options market that saw trading volumes decrease for a second month in September and the American retail FX industry that suffered a funds decline in August 2015.

Open positions at the end of the month increased by 115 billion JPY from the previous month, with a total of 6,776 billion JPY in open positions. At the end of August, 55 FX margin trading operators were reported to be active in the country.

In late August, the FFAJ has reported its operating metrics for the first quarter (according to the Japanese its fiscal year) ending June 30, 2015, underscoring a weakness in over-the-counter foreign exchange volumes.

FFAJFX151015
About the Author: Avi Mizrahi
Avi Mizrahi
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About the Author: Avi Mizrahi
Azi Mizrahi, expert in fintech trends and global markets, enriches readers with deep insights.
  • 2727 Articles
  • 10 Followers

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