The Japan Exchange Group (JPX) has just released its August 2014 trading volumes for stocks, derivatives, securities, futures and contracts, including its on-exchange currencies margin trading service at the Osaka exchange, known as OSE-FX.
During the twenty-one trading days in August, OSE-FX saw an average daily volume (ADV) of 5,286 units reaching a total of 111,007 units, an increase of 20,951 units Month-over-Month equal to 23.3%. In monetary terms, the August OSE-FX ADV was ¥6,011 million reaching a total of ¥126,223 million, an increase of ¥26,129 million MoM equal to 26.1%.
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Despite the monthly pickup in trading, on a Year-over-Year comparison the JPX FX volumes seem much worse. The total trading volume is down 289,123 units from August 2013, which is a 72.3% decrease. The monetary value of the OSE-FX is down ¥298,378 million equal to a 70.3% YoY drop.
The OSE-FX figures seems to be in line with the other major Japanese FX trading volumes released today. The Click 365 margin FX trading volumes were up 15.1% in August at the Tokyo Financial Exchange, but still way down from the figures of the same month last year.