JPX Sees Explosive YoY Growth In Derivatives Market for October

ETF trading volumes also grew massively when compared to last year

On Thursday, the Japan Exchange Group (JPX) released its trading results for October of this year. The exchange operator, which owns the Tokyo Stock Exchange and Osaka Securities Exchange, saw a dramatic year-on-year increase in derivatives trading last month.

Alongside that was a significant increase in exchange traded fund (ETF) trading volumes. Last October, JPX reported ETF trading volumes were equal to ¥3.73 trillion ($33 billion).

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For the same period this year, the ETF trading volume grew to approximately ¥7.18 trillion ($64 billion). That was a 92.5 percent year on year increase.

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JPX Derivatives Explosion

In the domestic stock market, trading increased on last year but less dramatically. JPX’s report indicates that this year, average daily trading in domestic stocks was around ¥3.33 trillion ($29 billion).

For October of 2017, the exchange operator reported an average daily trading volume in domestic stocks of ¥3.11 trillion ($28 billion). Having the mathematically astute readership that we do here at Finance Magnates, you probably already know that means this year saw a seven percent increase on the last.

In the derivatives markets, things were also very positive for JPX. The firm reported a total trading volume of ¥305 trillion ($2.7 trillion) for October of this year.

That was a huge, 46.6 percent increase on last October. In its report for October of 2017, JPX reported a total derivatives trading volume of ¥208 trillion ($1.84 trillion).

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