After the Tokyo financial exchange’s disappointing volume metrics for the month of April, confirms the trend reversal that started with the second quarter of 2014. Volume metrics at the company’s retail platform FXNeo were lower by 10% when compared to the month of , totaling $607 billion (¥62.2 trillion). This marks the lowest volumes for 2014 and confirms the trend reversal that started in following a stark in the first month of the year.
The company’s exchange traded business, Click 365, has posted a much sharper decline by 23% to $2.9 billion (¥301 billion), which is a record low and comes despite the ongoing continuation on the number of accounts opened. Apparently the lowering major FX has impacted this part of business most drastically. Major institutional players are not comfortable to take big trading decisions awaiting more cues from major central banks.
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