The Tokyo Financial Exchange (TFX) reported their June metrics today and the results are less than stellar compared to May measures of 1,879,665 total volume w/ a daily average of 85,440.
The total trading volume of Exchange FX Margin contracts (Click 365) in June was 1,620,533 down both (13.8% MoM and 72.4% YoY) and its average daily trading volume was 77,169. See the table below for the composition of the trading volume across currency pairs.
One bright spot which came on the backdrop of a big ECB announcement was the trading volume of Three-month Euroyen futures in June which came in at 259,762 total contracts, up ( + 11.7% MoM / and 42.4% YoY) and its average daily volume was 12,370.
Stay tuned to LeapRate for June metric reports which will be released throughout the early part of July…