Tokyo Financial Exchange FX Volumes Up for October 12.2%
The Tokyo Financial Exchange reported that volumes rose to 3,652,629 contracts for its Click 365 FX division. The figures were 12.2% higher than September’s figures but 64.8% below October 2011. While the figures showed improvement, FX trading in the TFX continues to be dwarfed by overall OTC trading in Japan. The figures though track the overall improvement in Japanese volumes that was witnessed in GMO Click Securities volume report.
In an interview with 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 Read this Term Magnates for our 3rd Quarter Forex Report on the FX Futures market, a representative from the exchange responded that the drop in volumes was due to a lack of 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 Read this Term this year in Japanese yen. It was also added that last year’s trading was unusually active due to the yen’s historical highs which it achieved. Japanese brokers that offer both OTC and Exchange FX have also cited the drop in exchange traded products due to a change in laws where both products are now being taxed equally. Also contributing to rise in OTC versus Exchange FX is that both products are typically offered by Japan’s forex brokers. As such, with companies citing higher margins in their OTC business, that segment is more heavily marketed to its customers.
The Tokyo Financial Exchange reported that volumes rose to 3,652,629 contracts for its Click 365 FX division. The figures were 12.2% higher than September’s figures but 64.8% below October 2011. While the figures showed improvement, FX trading in the TFX continues to be dwarfed by overall OTC trading in Japan. The figures though track the overall improvement in Japanese volumes that was witnessed in GMO Click Securities volume report.
In an interview with 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 Read this Term Magnates for our 3rd Quarter Forex Report on the FX Futures market, a representative from the exchange responded that the drop in volumes was due to a lack of 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 Read this Term this year in Japanese yen. It was also added that last year’s trading was unusually active due to the yen’s historical highs which it achieved. Japanese brokers that offer both OTC and Exchange FX have also cited the drop in exchange traded products due to a change in laws where both products are now being taxed equally. Also contributing to rise in OTC versus Exchange FX is that both products are typically offered by Japan’s forex brokers. As such, with companies citing higher margins in their OTC business, that segment is more heavily marketed to its customers.