TFX registers 20.2% MoM drop in Forex volumes in November 2015

Tokyo Financial Exchange (TFX) has just posted its operating metrics for November 2015, with the numbers showing a continued decline in trading activity after slow September and October 2015.

TFX saw Click 365 total trading volumes, that is, the volume of Exchange FX Margin contracts, amount to humble 2,431,472 contracts in November 2015. The result is 20.2% lower than in October 2015.

Annual comparisons were even gloomier, with November 2015 trading volumes on Click 365 being 41.4% weaker than those in November 2014.

The three most traded currency contracts at TFX were USD/JPY, AUD/JPY and GBP/JPY. The steepest monthly rise in turnover was registered by the CHF/JPY pair (+181%), whereas GBP/USD trading volumes also staged a steep month-on-month increase (+66.6%). Popularity of EUR/USD declined in monthly terms, as the trading volumes with this instrument fell 46.1% from October 2015 levels.

Combined trading volume for all TFX products was 3,138,395 contracts in November 2015, down 16.7% from the preceding month and down 35.9% from the result registered a year earlier. The average daily trading volume was 150,517 contracts.


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

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