Click365 FX Trading Volume in June Shows Monthly Recovery

Thursday, 01/07/2021 | 08:36 GMT by Arnab Shome
  • The total trading volume of FX contracts in the month came in at 2,119,854.
Click365 FX Trading Volume in June Shows Monthly Recovery
TFX

The Tokyo Financial Exchange (TFX) has just released its trading volumes for the month ending June 2021, showing a monthly recovery in the margin foreign exchange (FX) contracts demand on Click365. However, the figure still remains bearish year-over-year.

According to the reported numbers, the total trading volume of FX futures contracts in June was 2,119,854, which was 11.6 percent higher than May but 21 percent lower than June last year. The average daily trading volume on the exchange came in at 96,355.

The latest monthly recovery came after the derivatives exchange reported a dip in demand in the previous month with only 1,900,153 FX contracts changing hands.

The exchange detailed that the US dollar-Japanese yen remain the most traded currency pairs followed by Mexican peso-Japanese yen and Turkish lira-Japanese yen. Their monthly demand surged by 4.7 percent, 29.9 percent, and 62.3 percent, respectively. Additionally, demand for the Turkish lira surged by more than 87 percent year-over-year, which is mostly due to the Volatility in the currency.

However, the Australian dollar-US dollar dragged the most month-over-month, gaining almost 92 percent.

Recovering Demands

In addition, the TFX reported that the total trading volume of FX Clearing, as of May 17, reached 4,349,677, while the average daily volume came in at 197,713. Open positions by the end of the month were at $164.9 million.

Apart from FX, the total volume of Equity Index Daily Futures contracts fell by 36.4 percent compared to May, but recovered 83 percent year-over-year. Click kabu 365 recorded an average daily trading volume of 110,080.

Overall, the combined trading volume of all products listed on TFX stood at 8,903,157, which was 23.9 percent higher month-over-month and 120.8 percent up year-over-year.

The Tokyo Financial Exchange (TFX) has just released its trading volumes for the month ending June 2021, showing a monthly recovery in the margin foreign exchange (FX) contracts demand on Click365. However, the figure still remains bearish year-over-year.

According to the reported numbers, the total trading volume of FX futures contracts in June was 2,119,854, which was 11.6 percent higher than May but 21 percent lower than June last year. The average daily trading volume on the exchange came in at 96,355.

The latest monthly recovery came after the derivatives exchange reported a dip in demand in the previous month with only 1,900,153 FX contracts changing hands.

The exchange detailed that the US dollar-Japanese yen remain the most traded currency pairs followed by Mexican peso-Japanese yen and Turkish lira-Japanese yen. Their monthly demand surged by 4.7 percent, 29.9 percent, and 62.3 percent, respectively. Additionally, demand for the Turkish lira surged by more than 87 percent year-over-year, which is mostly due to the Volatility in the currency.

However, the Australian dollar-US dollar dragged the most month-over-month, gaining almost 92 percent.

Recovering Demands

In addition, the TFX reported that the total trading volume of FX Clearing, as of May 17, reached 4,349,677, while the average daily volume came in at 197,713. Open positions by the end of the month were at $164.9 million.

Apart from FX, the total volume of Equity Index Daily Futures contracts fell by 36.4 percent compared to May, but recovered 83 percent year-over-year. Click kabu 365 recorded an average daily trading volume of 110,080.

Overall, the combined trading volume of all products listed on TFX stood at 8,903,157, which was 23.9 percent higher month-over-month and 120.8 percent up year-over-year.

About the Author: Arnab Shome
Arnab Shome
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About the Author: Arnab Shome
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
  • 6612 Articles
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