TFX Click 365 December Volumes Slightly Lower
Yesterday, the CME and ICE released surprising December FX trading data that showed both exchanges saw month over month gains even though the overall markets slowed down for the month. Today, the Tokyo Financial Exchange released its December figures for its Click 365 FX products unit. Month over month total contract volume fell 0.3% to 4,078,620, and was 43.6% below the same period in 2011. However, following a large decline in trading earlier in the year (see chart) as a decline in Yen Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders and tax changes that removed a tax benefit for FX futures versus OTC products impacted activity, volumes have been steadily increasing.
For the year, Click 365 volume totaled at 60,459,825 contracts traded which averaged at 232,569 per day and was 55.8% below 2011 levels. The decline in trading was experienced along all Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi crosses with no individual product seeing gains in 2012.
During the month, Yen crosses continued to see an increase in trading as the currency remained volatile following an active November. Notably, USDJPY and NZDJPY trading achieved 33% and 15% growth respectively versus November. A little surprising though was an 18.1% decline in AUDJPY trading which typically is an outperformer in active markets.
Yesterday, the CME and ICE released surprising December FX trading data that showed both exchanges saw month over month gains even though the overall markets slowed down for the month. Today, the Tokyo Financial Exchange released its December figures for its Click 365 FX products unit. Month over month total contract volume fell 0.3% to 4,078,620, and was 43.6% below the same period in 2011. However, following a large decline in trading earlier in the year (see chart) as a decline in Yen Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders and tax changes that removed a tax benefit for FX futures versus OTC products impacted activity, volumes have been steadily increasing.
For the year, Click 365 volume totaled at 60,459,825 contracts traded which averaged at 232,569 per day and was 55.8% below 2011 levels. The decline in trading was experienced along all Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi crosses with no individual product seeing gains in 2012.
During the month, Yen crosses continued to see an increase in trading as the currency remained volatile following an active November. Notably, USDJPY and NZDJPY trading achieved 33% and 15% growth respectively versus November. A little surprising though was an 18.1% decline in AUDJPY trading which typically is an outperformer in active markets.