TFX Reports Flat Volumes for Click365 in July 2017, Substantially Lower YoY

The Tokyo Financial 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 (TFX) today has reported its volumes for the month ending July 2017, showing a notable decline across its exchange traded margin FX contracts, dubbed “Click365”, according to a TFX statement.

The London Summit 2017 is coming, get involved!

The Japanese bourse said trading volumes of its listed foreign exchange contract came in at 2,307,283 during July 2017, underpinning a decline of -4.0 percent month-over-month from 2,400,152 contracts in June 2017. Across a yearly time-frame, Click365’s contracts showed a weaker performance after reflected a loss of -32.2 percent year-on-year from July 2016.

In addition, TFX saw a daily average of 109,872 contracts across its Click365 platform during July 2017, compared to 109,279 contracts in June 2016, constituting a slight improvement of less than one percent month-over-month.

In terms of Click365’s trading composition in July 2017, the most widely utilized currency pair was again the USD/JPY, which saw its volumes rising to 805,986 contracts, up 4.7 percent over the figure of the month ago, but registered a yearly drop of -29.4 percent year-on-year from July 2016. Other pairs of note include the ZAR/JPY, which saw its contracts explode by margins of 56.7 percent year-over-year from July 2016. In addition, the AUD/JPY volumes illustrated a strong rebound from the month prior, up 5.9 percent from June, but it is still substantially below that of the year earlier, having fallen -58.5 percent year-on-year.

By extension, the EUR/USD has gained 4.7 percent over the previous month and 9.0 percent year-on-year. GBP/USD volumes tanked to just 28,311 contracts, plunging -49 percent over the last month, compounded by a yearly drop of -37.5 percent year-on-year.