JPX Contines Lackluster Results in February, Derivatives Volumes Fall

The Japan Exchange Group (JPX), which operates multiple securities exchanges including the 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 the Osaka Securities 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, has reported its monthly ‎trading volumes for February of 2019.

Following on from January’s results, which recorded a slump after months of healthy trading gains on the exchange, February has continued on this lackluster trend, with derivatives and stocks trading volume and value falling.

Specifically, the number of derivatives contracts traded during the month of February was 25,593,715 contracts. When compared to the previous month, which also recorded a fall in the number of contracts traded, this is down by 9.6 percent.

When measured against the same month of the prior year, February 2018, the number of contracts traded was 14,465,442 less or 36.1 percent. The average daily volume for the past month was 1,347,038.

In terms of trading value, the results don’t look much better. In February, the trading value for derivatives was ¥189.2 trillion (around $1.7 billion). This is down on both a monthly (-4.8 percent) and yearly (-27.3 percent) comparison.

During the month of February, the Nikkei 225 mini had a total trading volume of 18,593,524 contracts, which translates to a daily average of 978,607 contracts. When compared to January this is 11.2 percent less, and on a yearly comparison, February’s figure has fallen by 36.2 percent.

ETFs Follow Downward Trend on JPX

Moving on to exchange-traded funds (ETFs), the picture does not look much brighter. During the month, trading volume came in at 769,249 contracts, which is an average daily volume of 40,487. This is a decline of 15.8 percent month-on-month and 44.1 percent year-on-year.

Trading value for ETFs follows a similar trend. During February, trading value for the segment was ¥3.3 trillion. When measuring this figure against that achieved in January, it is 10.8 percent less.