The leading Japanese venue, Tokyo Financial Exchange (TFX) has released its March trading volumes today showing a minor improvement over the previous month in the margin FX segment of its business known as Click 365.
The total trading volume of the exchange’s FX Margin contracts (Click 365) in March was 2,444,968, an increase of 2.6% month-over-month but still down 51.2% from the same period last year. In addition, the average daily trading volume was 116,429.
Trading Volumes by Currency Pairs:
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The TFX also released the total trading volume of the previous last twelve months period ending in March 2014. The exchange’s FX Margin contracts (Click365) during the last year were 44,556,077 and its average daily trading volume was 171,731, a considerable drop of 23.4% from the year that ended in March 2013.
Trading Volumes by Currency Pairs April 2013 through March 2014:
Margin FX volumes seems to fare well when compared to other trading instruments on the TFX in March 2014. The combined trading volume for all TFX products was 2,974,811 down 5.2% MoM and 49.8% YoY and its average daily trading volume was just 142,200. The total trading volume of Equity Index Margin contracts (Click kabu 365) in March was 302,973 down 27.3% MoM and the trading volume of Three-month Euroyen futures in March was 226,870 down 32.8% MoM.