Japan’s JPX Sees October 2016 Trading Volumes Tick Lower

Japan Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term Group (JPX), which operates multiple securities exchanges including Tokyo Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term and Osaka Securities Exchange, has reported its monthly ‎trading volumes for October 2016, which took a step back, ultimately paring the previous ‎month’s gains.

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During the month of October 2016, JPX reported an average daily volume (ADV) for the Tokyo Stock Exchange ‎at JPY 2.2559 trillion ($21.49 billion), which represents a move lower over a monthly timeframe, as volumes incurred a ‎fall of -1.8% MoM from JPY 2.2988 trillion ($21.90 billion) back in September 2016. In addition, the latest figures constitute a drop of -15.9 percent YoY in terms of volumes from October 2015 which came in at JPY 2.6814 trillion ($25.55 billion).‎

The weak figures were primarily driven by a drop in trading activity, having reported a figure of 48.1 billion shares, compared to 48.8 billion shares in September 2016 or -1.6% MoM. Across a yearly interval, the latest figures also reflect a -19.2 percent decrease from 59.6 billion contracts in October 2015.

In terms of exchange-traded-funds (ETFs), the monthly trading value at the JPX yielded a figure of JPY 2.7889 trillion ($25.55 billion) in October 2016, which amounts to a -14.9% MoM decrease from JPY 3.2771 trillion ($31.23 billion) in September 2016. Volumes also experienced a strong loss during the month, dropping to 584 million shares in October 2016 from 731 million in September 2016.

The JPX also saw a weak monthly performance across its derivatives trading, corresponding to a total trading volume of 19.09 million contracts in October 2016. The figure retreated -20.1% MoM from 23.977 million contracts in September 2016.

Moreover, total derivatives trading at the JPX registered a value of JPY 118 trillion ($1.12 trillion) in October 2016, which correlates to a decline of -27.6% YoY from JPY 163 trillion ($1.55 trillion) in October 2015.