Trading Volumes of OSE-FX Increased by 23.3% MoM in August at Japan Exchange Group

The 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) has just released its August 2014 trading volumes for stocks, derivatives, securities, futures and contracts, including its on-exchange currencies margin trading service at the Osaka exchange, known as OSE-FX.

During the twenty-one trading days in August, OSE-FX saw an average daily volume (ADV) of 5,286 units reaching a total of 111,007 units, an increase of 20,951 units Month-over-Month equal to 23.3%. In monetary terms, the August OSE-FX ADV was ¥6,011 million reaching a total of ¥126,223 million, an increase of ¥26,129 million MoM equal to 26.1%.

Despite the monthly pickup in trading, on a Year-over-Year comparison the JPX FX volumes seem much worse. The total trading volume is down 289,123 units from August 2013, which is a 72.3% decrease. The monetary value of the OSE-FX is down ¥298,378 million equal to a 70.3% YoY drop.

The OSE-FX figures seems to be in line with the other major Japanese FX trading volumes released today. The Click 365 margin FX trading volumes were up 15.1% in August at the Tokyo Financial Exchange, but still way down from the figures of the same month last year.