Kabu’s FX and Options Volumes Fall off Cliff in August

[kreslik.news]

Kabu.com, a subsidiary of Mitsubishi UFJ (MUFJ) has disclosed its preliminary results for its trading volumes, including foreign exchange (FX), futures, and options for the month ending August 2016, which incurred a notable decline across the board with these trading instruments, according to a recent Kabu.com release.

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During August 2016, Kabu’s FX and contract-for-difference (CFD) volumes were unable to orchestrate a consecutive monthly growth, instead paring all recent gains, subsequently diving to just ¥30.9 billion ($298.3 million) – this corresponded to a MoM loss of -30.1% ... (read more)