TFX registers 14.4% MoM drop in Forex volumes in October 2015

Tokyo Financial Exchange (TFX) has just published its operating metrics for October 2015, with the numbers pointing to a continued decline in trading activity after already subdued results seen in September 2015.

TFX saw Click 365 total trading volumes, that is, the volume of Exchange FX Margin contracts, amount to 3,045,750 contracts in October 2015. The result is 14.4% lower than in September 2015.

Annual comparisons were even more dismal, with October 2015 trading volumes on Click 365 being 24.8% weaker than those in October 2014.

Across currency pairs, the three most popular trading instruments were USD/JPY, AUD/JPY and EUR/USD. The pair that saw the biggest drop in turnover in monthly terms was GBP/JPY, with trading volumes down 46% from levels registered in September 2015.

Combined trading volume for all TFX products was 3,768,099 contracts in October 2015, down 17% from the result registered in September 2015 and down 27.4% from October 2014 levels. Average daily trading volume was 171,624 contracts.


To view the official announcement from TFX on its October 2015 metrics, click here.

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