Percentage of Trades Done Online Down 4%

May 16, 2007
By Ken Worsley

With the Financial Services Agency apparently carrying out its first ever survey on security measures taken by banks and other financial institutions to protect their online banking services, the Nikkei is reporting that 87% of stocks transactions performed by individual investors from October 2006 to March 2007 were done online.

That sounds high, but actually, data from the Japan Security Dealers Association shows that 91% of trades by individual investors were executed online in the six month period preceding October 2006.

This is the first time since 2002 that the percentage of trades done online by individual investors declined. Last year, 89% of all trades by individual investors were carried out online.

Filed Under Services, Stocks