Kabu.com, a subsidiary of Mitsubishi UFJ (MUFJ), has disclosed its preliminary results for its trading volumes and metrics, including futures and options for the month ending November 2016, which saw a notable ascension across the board, according to a recent Kabu.com release.
During November 2016, Kabu’s futures and options volumes were able to orchestrate a consecutive monthly growth, instead paring all of last month’s losses and rising to ¥89.0 million ($780,000) – this corresponded to a MoM gain of 43.5% from ¥62.0 billion ($543,400) in October 2016.
The sizable growth across each of these trading instruments was stimulated by a surge of volatility across global markets in November. The fallout of the surprise victory of Donald Trump resulted in some of the most heavily traded days of the 2016-year.
In addition, the net operating revenue at Kabu during November 2016 also reported a healthy growth to ¥1.58 billion ($13.8 million), up 14.5% MoM from ¥1.38 billion ($12.1 million) in October 2016. The latest figures represent its highest levels since June 2016.