The Financial Futures Association of Japan (FFAJ) has just published the monthly operating metrics of its members that offer Forex and binary options trading over the counter for April 2016. And although the drop in FX volumes lost pace, the decrease in binary options volumes remained substantial. As usual, we first take a look at…
Read moreJapanese online trading company Invast Securities Co., Ltd. (TYO:8709) has earlier today published its key financial metrics for April 2016, with revenues continuing to fall after already registering a decrease in March 2016. The company posted operating revenues of JPY 319 million ($2.93 million) for April 2016, with the result down 7.8% from the reading…
Read moreJapanese retail FX broker FXTrade Financial Co., Ltd. (FXTF) has announced its plans to terminate the offer of the High Speed FX trading service and to focus on MetaTrader 4 (MT4). The termination of High Speed FX is scheduled for July 9, 2016, with users of the service offered to switch to MT4. The switch…
Read moreThe Tokyo Financial Exchange (TFX) has just published its operating metrics for April 2016, with Forex volumes continuing to fall after already registering a double-digit decrease in March. TFX’s Click 365 total trading volumes, that is, the volume of Exchange FX Margin contracts, fell 7.9% from March 2016 levels to 3,163,143 contracts. The annual comparison,…
Read moreThe Financial Futures Association of Japan (FFAJ) has just published the monthly operating metrics of its members that offer Forex and binary options trading over the counter for March 2016. In tune with what the FX industry has displayed thus far, OTC FX and binary options trading volumes showed a well-pronounced decline last month. As…
Read moreJapan’s Financial Services Agency (FSA) has earlier today updated its Warning List of investment companies soliciting Japanese clients without having any necessary permission from the authorities. Amid the latest additions is Sumo Forex Limited, a retail Forex broker providing its services via www.sumoforex.com. The company claims to have an address in New Zealand. The FSA…
Read moreThe Tokyo Financial Exchange (TFX) has just posted its operating metrics for March 2016, with trading activity slowing down in comparison with a relatively robust February. TFX's Click 365 total trading volumes, that is, the volume of Exchange FX Margin contracts, dropped 23.1% from February 2016 levels to 3,436,055 contracts. On the brighter side, the…
Read moreTokyo Financial Exchange (TFX) today announced a further extension to its Discount Program in Three-month Euroyen Futures (Euroyen). The program, which offers discounts of up to 90%, is extended for further six months to September 30, 2016. It covers Strip, Butterfly and Condor Trades executed through Block Trade functions. Euroyen futures volumes have been steady…
Read moreJapan's IG Securities Limited, part of IG Group, is about to change the margin requirements for certain CFDs on stock indices. Effective April 9, 2016, the maintenance margin requirement will change for China 300 (CNH300) and South Africa 40 (ZA40) for corporate (institutional) accounts. The new margin requirement for China 300 is 5%, compared with…
Read moreThe Financial Futures Association of Japan (FFAJ) has just published the monthly operating metrics of its members that offer Forex and binary options trading over the counter for February 2016. While OTC Forex volumes had another strong month, binary options volumes staged a double-digit drop on a monthly basis. As usual, we first examine the…
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