Tokyo Financial Exchange (TFX) has just posted its operating metrics for December 2015, with Forex volumes recovering from November lows, although they were still weaker than a year earlier.

TFX saw Click 365 total trading volumes, that is, the volume of Exchange FX Margin contracts, amount to 3,523,536 in December 2015, a result which is 44.9% stronger than the reading of 2,431,472 contracts registered in November 2015.

In annual terms, the picture was less rosy, as December 2015 FX volumes were down 11.9% from December 2014.

The three most traded currency contracts at TFX for December 2015 were USD/JPY, AUD/JPY and EUR/USD. The biggest month-on-month rise in turnover was registered by CAD/JPY (+460.7%), with EUR/USD also staging a steep rise in turnover last month (+116%).

Combined trading volume for all TFX products was 4,306,819 contracts in December 2015, up 37.2% from November 2015 levels and down 12% from December 2014 levels. The average daily trading volume was 188,183 contracts.

To view the full announcement from TFX on its December 2015 operating metrics, click here.