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.

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

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