TFX Click 365 FX trading volumes in Japan drop 27% in August

Continuing a very down trend we’re seeing in August Forex trading volumes around the globe, the Tokyo Financial Exchange (TFX) has published its operating metrics for August 2016, with Forex volumes falling dramatically after experiencing strong trading levels in June and July.

The dropoff in Japan Forex volumes was not unexpected, with the USDJPY trading in a very tight 100-102 range throughout the month.

FX’s Click 365 total trading volumes, that is, the volume of Exchange FX Margin contracts, fell by 27% MoM from July 2016 levels to 2,500,382 contracts. The annual comparison was also negative, as Click 365 volumes in August 2016 were down 37% from August 2015. The average daily trading volume last month was 108,714 contracts.

All-important USDJPY trading was down 23% in August.

The three most traded currency contracts through Click 365 in August 2016 were JPY crosses with the USD, GBP, and the South African Rand.

The drop in Click 365 FX trading in Japan during August mirrors the institutional eFX figures we’ve posted on for other international venues, including FastMatch, Hotspot FX and Gain Capital GTX.

TFX Click 365 Aug2016 volumes

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