The Tokyo Financial Exchange (TFX) has reported its volumes for the month ending January 2017,revealing a decline across the number of margin foreign exchange (FX) contracts traded by Click365, extending last month’s decline, according to a TFX statement.
A total of 3,168,720 contracts changed hands during January 2017, reflecting a decrease of -4.4 percent MoM from 3,313,627 contracts in December 2016. Across a yearly time-frame, Click365’s contracts also fell by -26.8 percent YoY from January 2016. In addition, TFX saw a daily average of 150,894 contracts across its Click365 platform during January 2017, relative to 150,619 contracts in December 2016, constituting a marginal increase of 0.2 percent MoM.
The FBS CopyTrade Team Presents a New 'FBS CopyStar' ContestGo to article >>
The combined trading volume for all TFX products for January 2017 was 3,869,211 compared with December’s 3,909,796, reflecting a decrease of -1.0 percent MoM and falling -29.0% YoY. The average daily trading volume was 184,881.
In terms of Click365’s trading composition in January 2017, the GBP/USD recorded figures of 84,284 which, while lower than those of the USD/JPY, represented the highest increase over the previous month of 59.4 percent, with a YoY increase of 71.4 percent.
Last month saw Click365 results nosedive and this month’s continuing decline means the brokerage has started the new year on a somewhat downbeat note.