Following a disappointing performance in February, the Financial Futures Association of Japan (FFAJ) has published its monthly trading volumes for retail foreign exchange (forex) margin trading operators, as well as the trading volumes for its retail over the counter (OTC) binary options dealers for March of 2019.
During the month of March, the OTC trading volume of Tokyo Financial Exchange (TFX) was ¥287.9 trillion ($2.6 trillion). When measuring this against the previous month, it is up by 17.38 per cent.
Taking a look at binary options, which combines the trading volumes achieved by the eight FFAJ members including GMO Click Securities Co, it appears that trading activity for binary options increased during March.
Specifically, trading volume in March for binary options reached ¥31.8 billion. From February’s trading volume of ¥29.3 billion, March’s figure has increased by 8.5 per cent. However, it is still lower than the ¥35 billion achieved in January of 2019.