TFX Reveals Another Crash of Click365 Trading Volumes in April 2017

by Aziz Abdel-Qader
  • USD/JPY, volumes tanked to just 760,193 contracts, plunging -26.7 percent over the prior month.
TFX Reveals Another Crash of Click365 Trading Volumes in April 2017
Finance Magnates

The Tokyo Financial Exchange (TFX) today has reported its volumes for the month ending April 2017, showing a double-digits decline across its exchange traded margin FX contracts, dubbed “Click365”, according to a TFX statement.

The London Summit 2017 is coming, get involved!

The Japanese bourse said trading volumes of its listed foreign exchange contract came in at 2,247,872 during April 2017, underpinning a decline of -16.7 percent month-over-month from 2,697,615 contracts in March 2017. Across a yearly time-frame, Click365’s contracts showed a weaker performance after reflected a loss of -28.9 percent year-on-year from April 2016.

In addition, TFX saw a daily average of 112,394 contracts across its Click365 platform during April 2017, compared to 120,142 contracts in March 2016, constituting a fall of -6.5 percent month-over-month.

In terms of Click365’s trading composition in April 2017, the most widely utilized currency pair was again the USD/JPY, which tanked to just 760,193 contracts, plunging -26.7 percent over the figure of the month ago, compounded by a yearly drop of -23.4 percent year-on-year from April 2016. Other pairs of note include the EUR/JPY, which saw its contracts explode by margins of 37.1 percent month-over-month from March 2017. But while the figure does illustrate a strong rebound from the month prior, it is still substantially below that of the year earlier, having fallen -10.0 percent year-on-year.

By extension, the EUR/USD has dropped -32.9 percent over the previous month and -12.9 percent year-on-year. Fueled by ongoing saga over the Brexit negotiations, the GBP/USD has swelled 84.7 percent year-on-year from April 2016 as recent developments surrounding Theresa May's call for an early election has kindled strong interest in the trading pair.

In addition to the GBP/JPY, the AUD/JPY also recorded a strong month-over-month drop, albeit by a more muted margin of -12.9 percent and -9.1 percent respectively.

The Tokyo Financial Exchange (TFX) today has reported its volumes for the month ending April 2017, showing a double-digits decline across its exchange traded margin FX contracts, dubbed “Click365”, according to a TFX statement.

The London Summit 2017 is coming, get involved!

The Japanese bourse said trading volumes of its listed foreign exchange contract came in at 2,247,872 during April 2017, underpinning a decline of -16.7 percent month-over-month from 2,697,615 contracts in March 2017. Across a yearly time-frame, Click365’s contracts showed a weaker performance after reflected a loss of -28.9 percent year-on-year from April 2016.

In addition, TFX saw a daily average of 112,394 contracts across its Click365 platform during April 2017, compared to 120,142 contracts in March 2016, constituting a fall of -6.5 percent month-over-month.

In terms of Click365’s trading composition in April 2017, the most widely utilized currency pair was again the USD/JPY, which tanked to just 760,193 contracts, plunging -26.7 percent over the figure of the month ago, compounded by a yearly drop of -23.4 percent year-on-year from April 2016. Other pairs of note include the EUR/JPY, which saw its contracts explode by margins of 37.1 percent month-over-month from March 2017. But while the figure does illustrate a strong rebound from the month prior, it is still substantially below that of the year earlier, having fallen -10.0 percent year-on-year.

By extension, the EUR/USD has dropped -32.9 percent over the previous month and -12.9 percent year-on-year. Fueled by ongoing saga over the Brexit negotiations, the GBP/USD has swelled 84.7 percent year-on-year from April 2016 as recent developments surrounding Theresa May's call for an early election has kindled strong interest in the trading pair.

In addition to the GBP/JPY, the AUD/JPY also recorded a strong month-over-month drop, albeit by a more muted margin of -12.9 percent and -9.1 percent respectively.

About the Author: Aziz Abdel-Qader
Aziz Abdel-Qader
  • 4985 Articles
  • 31 Followers
About the Author: Aziz Abdel-Qader
  • 4985 Articles
  • 31 Followers

More from the Author

Institutional FX

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}