LeapRate's Daily Forex Industry Newsletter
Join now to receive first access to our EXCLUSIVE reports and updates.
Screenshot of a breaking news alert e-mail from Q2 2017
Tokyo Financial Exchange (TFX) today announced a further extension to its Discount Program in Three-month Euroyen Futures (Euroyen).
The program, which offers discounts of up to 90%, is extended for further six months to September 30, 2016. It covers Strip, Butterfly and Condor Trades executed through Block Trade functions.
Euroyen futures volumes have been steady recently at TFX. The latest data we have is for February 2016, showing that the trading volume of three-month Euroyen futures in February was 298,816 contracts, up 3.8% from January 2016 levels and up 98.6% from February 2015 levels. The average daily volume was 14,941 contracts.
Below is a table showing details about the fees under the discount program.
You can view the full announcement from TFX by clicking here.