Along with decline of OTC Forex Trading volume in Japan during March, binary option trading volume for the month is also diminishing, according to the monthly retail OTC binary options report published by the Financial Futures Association of Japan ( FFAJ ).
The total volume of OTC binary option trading in March was 40.35 billion JPY, declined by 21.87% from the previous month and -28.84% from the same month last year. The number of existing accounts was 341,946, of which 12,786 were active accounts. The total existing accounts increased slightly by 0.57% from February.
The most traded currency pair, USD/JPY accounted for 47.94% of the total trading volume with 19.34 billion JPY. This figure decreased by 33.52% from February. The second most traded pair was EUR/USD with the trading volume of 7.10 billion JPY, which was the third one in February. EUR/USD increased by 6.85% Month-over-Month. AUD/JPY tremendously grew with an increase of 230% MoM, but it still accounted for only 6.34% in the total.
You can find Profit and Loss ratio about retail customers transaction at binary option operators at the bottom of this article.
FFAJ OTC Binary Option Trading Volume
Trading Volume Share by Currency Pairs
Profit and Loss about Customer Transaction by broker
|Broker||Financial Instrument||Profit & Loss Ratio(*1):%||Loss Customers Ratio(*2):%||Profit & Loss Ratio(*1):%||Loss Customers Ratio(*2):%|
|GMO Click Securities||BO||98.3||76.9||96.1||77.8|
|FX PRIME by GMO||BO||97.1||70.2||96.7||73.2|
|FX Trade Financial||Total||94.8||75.5||91.9||81|
*1: the percentage of profit-loss about customer transactions= (The amount of the option premium paid by binary options brokers toward customers + the payout amount) / (the amount of the option premium received from customers)x100(%)
*2: the percentage of customers who hold the loss of binary options= (the number of customers whose total amount of profit-and loss about binary options comes to be minus) / (the number of customers trading during the period) x 100(%)
(Source: The Financial Futures Association of Japan )
- 2016/03/15 FFAJ reports February binary trading volume dropped by 16.7 percent
- 2016/02/16 Japanese Binary Option market saw bright result in January, FFAJ data
- 2016/01/19 FFAJ reports binary option trading increased 25 percent in December, GBPJPY surged
- 2015/12/15 FFAJ reports, Japanese binary option trading loosing momentum in November