Click 365 FX Trading Volumes on Tokyo Financial Exchange Rise by 24.2% in October

by Victor Golovtchenko
  • The number of exchange traded FX contracts on Click 365 continued trending higher as the value of the Japanese yen slumped throughout the month of November to new multiyear lows, while equity trading skyrocketed.
Click 365 FX Trading Volumes on Tokyo Financial Exchange Rise by 24.2% in October
TFX New Logo

After the Japanese holiday yesterday, just as usual, the Tokyo Financial Exchange (TFX) was the first venue to report its volumes figures for the month of October. Total number of traded contracts on the Click 365 exchange traded foreign exchange platform have risen by 24.2% when compared to the previous month.

The move comes after an unexpected rise in the asset purchasing program by the Bank of Japan which triggered a huge round of Japanese yen selling across the board. While the central bank action occurred only on the last trading day of October, there is a great likelihood that the spike higher occurred precisely because of this single day, as the JPY lost more than 2.7% against the US dollar.

click 365 by currency pair

Volumes by Currency Pair

A notable increase in trading activity on Click 365 has been observed in the USD/JPY and AUD/JPY pairs, which contributed the most to the rise in contracts traded, as diverging paths of interest rates perceived by the markets have resulted in the US and Australian dollars being carry traders favorites for now.

The average daily volumes were out at 176,036 contracts.

Overall trading volumes expanded across the board with interest rate contracts rising by 30.2%, while Exchange Equity Margin contracts (Click kabu 365) skyrocketed by 84.1% as global equity markets Volatility attracted speculative flows.

TFX New Logo

After the Japanese holiday yesterday, just as usual, the Tokyo Financial Exchange (TFX) was the first venue to report its volumes figures for the month of October. Total number of traded contracts on the Click 365 exchange traded foreign exchange platform have risen by 24.2% when compared to the previous month.

The move comes after an unexpected rise in the asset purchasing program by the Bank of Japan which triggered a huge round of Japanese yen selling across the board. While the central bank action occurred only on the last trading day of October, there is a great likelihood that the spike higher occurred precisely because of this single day, as the JPY lost more than 2.7% against the US dollar.

click 365 by currency pair

Volumes by Currency Pair

A notable increase in trading activity on Click 365 has been observed in the USD/JPY and AUD/JPY pairs, which contributed the most to the rise in contracts traded, as diverging paths of interest rates perceived by the markets have resulted in the US and Australian dollars being carry traders favorites for now.

The average daily volumes were out at 176,036 contracts.

Overall trading volumes expanded across the board with interest rate contracts rising by 30.2%, while Exchange Equity Margin contracts (Click kabu 365) skyrocketed by 84.1% as global equity markets Volatility attracted speculative flows.

About the Author: Victor Golovtchenko
Victor Golovtchenko
  • 3423 Articles
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About the Author: Victor Golovtchenko
  • 3423 Articles
  • 7 Followers

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