TFX registers 23.1% MoM decrease in Forex volumes in March 2016

The Tokyo Financial Exchange (TFX) has just posted its operating metrics for March 2016, with trading activity slowing down in comparison with a relatively robust February.

TFX’s Click 365 total trading volumes, that is, the volume of Exchange FX Margin contracts, dropped 23.1% from February 2016 levels to 3,436,055 contracts. On the brighter side, the reading for March 2016 was 15.2% stronger than in March 2015. The average daily trading volume last month was 149,393 contracts.

The three most traded currency contracts through Click 365 in March 2016 were USD/JPY, AUD/JPY and EUR/USD. The steepest month-on-month increase in trading volumes was marked by GBP/USD (+37.3%).

Combined trading volume for all TFX products was 4,251,745 contracts, down 24.3% month on month and up 7.3% year on year. The average daily trading volume was 185,428 contracts.


The Exchange also provided data for the full year from April 1, 2015 to March 31, 2016, with the total trading volume of Exchange FX Margin contracts (Click365) reaching 41,628,818, a rise of 22.4% year on year. The average daily trading volume was 161,777 contracts.

The sharpest rise in annual trading volumes amid currency contracts was registered by EUR/USD, GBP/USD and GBP/JPY.

For the full announcement from TFX, click here.

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