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Screenshot of a breaking news alert e-mail from Q2 2017
The Futures Industry Association of Japan (FIA Japan) has released the January 2016 edition of its bimonthly newsletter, offering interesting insights into the Japanese online trading sector.
The report includes an announcement regarding the launch of a new on-exchange Forex margin trading service – Click 365 LARGE. On November 30, 2015, Tokyo Financial Exchange Inc. (TFX) smoothly launched the new service.
Total traded volume on the first day was 203 contracts, out of which 174 contracts were traded in the USD/JPY pair, reaching 12.7% of trading value volume for the USD/JPY pair of Click 365 (13,722 contracts) on the same day.
The new service went live with 5 major currency pairs: USD/JPY, EUR/JPY, GBP/JPY, AUD/JPY, and EUR/USD. It is targeting a wide variety of participants, including overseas funds and proprietary trading firms. The contract size of Click 365 is one tenth of Click 365 LARGE.
You can view the latest FIA Japan report by clicking here.