FFAJ May Retail FX OTC Trading Volumes Fell by $458 Billion From April
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FFAJ May Retail FX OTC Trading Volumes Fell by $458 Billion From April
The Financial Futures Association of Japan (FFAJ) has today released its monthly statistics bulletin for over-the-counter (OTC) retail FX margin trading for May 2016, consisting of volumes reported from among 52 member firms for the month – and showing a decrease of 12% from ¥416 trillion in April.
Combined trading volumes reached nearly ¥366 trillion in May (roughly $3.35 trillion), falling below the ¥400 trillion mark for the first time in five months, as noted by the FFAJ in its report, and driven by a decrease in USD/JPY volatility which affected trading volumes in the country’s most popular traded pair – ... (read more)
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