Kabu Reveals Declining Trading Volumes in April

[kreslik.news]

Kabu, a subsidiary of Mitsubishi UFJ (MUFJ), has reported preliminary results for its trading volumes and metrics for April 2018. The results show that the firm is continuing to experience a decline in trading volumes, a trend that started in earnest at the beginning of 2018.

The Japanese firm saw a ¥6.7 billion ($60.8 million) decline in over-the-counter FX (OTC) trading volume this month, from ¥29.3 billion ($266.78 million) in March to 22.54 billion yen  ($205.23 million) in April. This was despite the increase in the number of OTC FX trading accounts on the site that took place last ... (read more)