Kabus FX Volume for April Doubled YoY

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Kabu, which operates a Japanese online brokerage, published its trading metrics for April, reporting an excellent jump in over-the-counter (OTC) forex trading demand from last year. However, there was a significant drop when compared to the previous months numbers.

According to the broker, monthly trading volume OTC forex instruments for last month came in at 46 trillion, a month-over-month decline of almost 19 percent. But, when compared year-over-year, Aprils forex more than doubled, gaining 104 percent.

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