Tokyo Financial Exchange May FX and Index Volumes Decline From April

Wednesday, 01/06/2016 | 07:55 GMT by Steven Hatzakis
  • Click 365 FX volumes and volumes in TFE's equity index products declined in May.
Tokyo Financial Exchange May FX and Index Volumes Decline From April
Photo: Bloomberg

Tokyo Financial Exchange (TFE) has just reported its May 2016 trading results after the month concluded yesterday, with combined trading volume reaching 3,549,878, lower by nearly 10% from April across all the exchanges products, as average daily volume reached 162,420 according to a TFE statement.

Following a volume decline of 5.7% in May for three-month euroyen futures, TFX reported that FX trading volumes from Click 365 also declined to 3,010,274, lower by 4.8% than in April, along with the average daily volume (ADV) which totaled 136,830 contracts.

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Click 365 volumes down 4.8%

Trading across nearly all related Japanese yen (JPY) crosses decreased compared to April, except for a negligible increase in GBP/JPY volumes at one-fifth of a percent. Meanwhile, CHF/JPY trading volumes surged by nearly 220% in May, and were higher by 226% compared to the same month last year for the Swiss-yen pair.

The EUR/USD and GBP/USD major pairs had 36.8% and 63.7% increases in trading volume respectively in May at TFX, when compared to the prior month, whereas the ‘other currency’ pairs segment was reported by TFX up 6.2% to 937,839 in total. Despite the volume increase in the five categories, the decline in the other six pairs weighed down Click 365's totals for May.

Index contracts down 36.5%

Click Kabu 365 trading volumes, which include exchange equity index margin contracts, had the sharpest decline from reported segments in May by TFX, with volumes dropping 36.5% compared to April, and lower by nearly the same amount year-over-year.

The majority of the volumes from this segment were driven by Nikkei 225 Margin contracts, which represented over 387,000 contracts from the more than 395,000 in overall volume, as per the TFX May data just released.

Source: TFX May 2016 data

Source: TFX May 2016 data

Tokyo Financial Exchange (TFE) has just reported its May 2016 trading results after the month concluded yesterday, with combined trading volume reaching 3,549,878, lower by nearly 10% from April across all the exchanges products, as average daily volume reached 162,420 according to a TFE statement.

Following a volume decline of 5.7% in May for three-month euroyen futures, TFX reported that FX trading volumes from Click 365 also declined to 3,010,274, lower by 4.8% than in April, along with the average daily volume (ADV) which totaled 136,830 contracts.

The new world of Online Trading , fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.

Click 365 volumes down 4.8%

Trading across nearly all related Japanese yen (JPY) crosses decreased compared to April, except for a negligible increase in GBP/JPY volumes at one-fifth of a percent. Meanwhile, CHF/JPY trading volumes surged by nearly 220% in May, and were higher by 226% compared to the same month last year for the Swiss-yen pair.

The EUR/USD and GBP/USD major pairs had 36.8% and 63.7% increases in trading volume respectively in May at TFX, when compared to the prior month, whereas the ‘other currency’ pairs segment was reported by TFX up 6.2% to 937,839 in total. Despite the volume increase in the five categories, the decline in the other six pairs weighed down Click 365's totals for May.

Index contracts down 36.5%

Click Kabu 365 trading volumes, which include exchange equity index margin contracts, had the sharpest decline from reported segments in May by TFX, with volumes dropping 36.5% compared to April, and lower by nearly the same amount year-over-year.

The majority of the volumes from this segment were driven by Nikkei 225 Margin contracts, which represented over 387,000 contracts from the more than 395,000 in overall volume, as per the TFX May data just released.

Source: TFX May 2016 data

Source: TFX May 2016 data

About the Author: Steven Hatzakis
Steven Hatzakis
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About the Author: Steven Hatzakis
  • 787 Articles
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