Japan’s JPX Reports Weak Trading Volumes in January 2017

The Japan Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term Group (JPX), which operates multiple securities exchanges including the Tokyo Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term and the Osaka Securities Exchange, has reported its monthly ‎trading volumes for January 2017, which took a step back, ultimately paring the previous ‎month’s gains.

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During the month of January 2017, the JPX reported an average daily volume (ADV) for the Tokyo Stock Exchange ‎of JPY 2.824 trillion ($24.87 billion), which represents a move lower over a monthly timeframe, as volumes incurred a ‎fall of -18.8% MoM compared to December 2016’s figures. In addition, the latest metrics constitute a drop of -10.5 percent YoY in terms of volumes from January 2016 which came in at JPY 3.155 trillion ($27.79 billion).‎

The weak figures were primarily driven by a drop in trading activity, having reported a figure of 47.547 billion shares, compared to 60.0 billion shares in December 2016 or -21.2% MoM. Across a yearly interval, the latest figures also reflect a -19.1 percent decrease from 58.75 billion contracts in January 2016.

In terms of exchange-traded-funds (ETFs), the monthly trading value at the JPX yielded a figure of JPY 3.841 trillion ($33.83 billion) in January 2017, which amounts to a -9.6% MoM decrease from JPY 4.27 trillion ($37.6 billion) in December 2016. Volumes also experienced a strong loss compared to a year earlier, dropping to 784 million shares in January 2017 from 1,219 million in December 2016.

The JPX also saw a weak monthly performance across its derivatives trading, corresponding to a total trading volume of 25.857 million contracts in January 2017. The figure retreated -37.9% YoY from 41.66 million contracts in December 2016.

Moreover, total derivatives trading at the JPX registered a value of JPY 158.325 trillion ($1.39 trillion) in January 2017, which correlates to a decline of -30.4% YoY from JPY 227 trillion ($1.99 trillion) in January 2016.