Japanese Broker Kabu Sees 12% MoM Drop in FX Volume for June

Fazzaco learned that Kabu, a Japanese online broker, has posted its trading volumes for the month of June, showing a monthly drop in Forex trading demand.

The OTC Forex trading volume of Kabu in June fell by 12 percent to ¥37 trillion compared to the previous month. However, when compared to the figure of ¥28 trillion recorded in June 2020, there has been a YoY jump of over 32 percent in trading demand.

While Kabu saw a monthly fall in FX demand, other platforms, both Japanese and international, reported the opposite. Click365, which is operated by the Tokyo Financial Exchange (TFX), witnessed an 11.6 percent rise in FX futures contracts trading volume, while FXSpotStream​'s average daily volume rose by 3.7 percent.

​Kabu.com Securities Co.,Ltd. is a Japan-based company mainly engaged in financial product trading business through the net, as well as related business. The Company is engaged in the provision of brokerage, trading, offering and sale of securities. It also provides bank agency business, foreign exchange margin trading business and other financial services.