FFAJ Releases Quarterly Figures, Trading Volume Jumps 27.7% QoQ

Friday, 28/11/2014 | 06:49 GMT by Jeff Patterson
  • The FFAJ has released its Quarterly statistic report on domestic and international transactions for the Q2 (July – September 2014), highlighted by a 27.7% jump in on-exchange trading volume.
FFAJ Releases Quarterly Figures, Trading Volume Jumps 27.7% QoQ
FFAJ

The Financial Futures Association of Japan (FFAJ) has released its Quarterly statistic report on domestic and international transactions for the Q2 (July – September 2014), highlighted by a 27.7% jump in on-Exchange trading volume.

The quarterly report follows on the heels of a previous report over a month ago showing robust FX performance across the FFAJ, witnessing a -16% MoM drop in binary options volumes from September.

In terms of the most recent Quarterly figures, total on-exchange volume came in at 17,981,964 contracts, up 27.7% from 14,075,659 contracts last quarter. More specifically, domestic Margin FX contracts were reported at 7,491,819, up 20.6% from 6,207,976 contracts last quarter.

Additionally, domestic OTC Margin FX came in at $6.4 trillion (¥ 756.8 trillion) this quarter, up 19.8% from $5.34 trillion (¥631.6 trillion) last quarter. Finally, overseas FX futures recorded a slight 5.4% increase QoQ to 23,524 contracts from 22,305 last quarter.

Retail FX Trading Breakdown

Across exchanges, the TFX (Click365) reported FX Retail Trading volumes of $66.1 billion (¥7.8 trillion) this quarter, up 26.5% QoQ from $52.2 billion (¥6.17 trillion) previously. Conversely, the OSE (Exchange FX) noted a less optimistic picture, diving -19.3% QoQ in FX retail trading volumes to $4.04 billion (¥477 billion) from $5.0 billion (¥591.8 billion).

These figures have tempered the overall trading volume of the 2014 FY first half (from April to September), which saw trading volumes of on-exchange FX margin trading collapsing -58.8% on the base of contracts, compared with the 2013 FY first half. Moreover, the trading volume of over-the-counter FX margin trading also declined by -43.5% over this same period.

FFAJ

The Financial Futures Association of Japan (FFAJ) has released its Quarterly statistic report on domestic and international transactions for the Q2 (July – September 2014), highlighted by a 27.7% jump in on-Exchange trading volume.

The quarterly report follows on the heels of a previous report over a month ago showing robust FX performance across the FFAJ, witnessing a -16% MoM drop in binary options volumes from September.

In terms of the most recent Quarterly figures, total on-exchange volume came in at 17,981,964 contracts, up 27.7% from 14,075,659 contracts last quarter. More specifically, domestic Margin FX contracts were reported at 7,491,819, up 20.6% from 6,207,976 contracts last quarter.

Additionally, domestic OTC Margin FX came in at $6.4 trillion (¥ 756.8 trillion) this quarter, up 19.8% from $5.34 trillion (¥631.6 trillion) last quarter. Finally, overseas FX futures recorded a slight 5.4% increase QoQ to 23,524 contracts from 22,305 last quarter.

Retail FX Trading Breakdown

Across exchanges, the TFX (Click365) reported FX Retail Trading volumes of $66.1 billion (¥7.8 trillion) this quarter, up 26.5% QoQ from $52.2 billion (¥6.17 trillion) previously. Conversely, the OSE (Exchange FX) noted a less optimistic picture, diving -19.3% QoQ in FX retail trading volumes to $4.04 billion (¥477 billion) from $5.0 billion (¥591.8 billion).

These figures have tempered the overall trading volume of the 2014 FY first half (from April to September), which saw trading volumes of on-exchange FX margin trading collapsing -58.8% on the base of contracts, compared with the 2013 FY first half. Moreover, the trading volume of over-the-counter FX margin trading also declined by -43.5% over this same period.

About the Author: Jeff Patterson
Jeff Patterson
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About the Author: Jeff Patterson
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