Investing
Japan’s Retail Currency Traders Set Record for Yen Transactions
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Japan’s army of retail currency traders has set an annual record for transaction volume with a month to spare, as gains in the yen and working from home spur activity.
Trading volume in retail currency margin accounts reached 5,822.7 trillion yen ($56 trillion) in the first 11 months of 2020, surpassing the previous full-year record of 5,570.5 trillion yen in 2015, data from the Financial Futures Association of Japan show. The volume rose by 69% from the full 12 months of 2019.