JPX Trading Volumes Fall from 2018 Highs in January

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 the first month of 2019.

Unlike the past few months, which have managed to record consistently healthy gains, January’s results are rather sluggish. In fact, the trading volume for both derivatives and stocks on the JPX for the first month of 2019 fell on a monthly comparison.

Specifically, the number of derivatives contracts traded during the month of January 2019 was 28,326,383 with a daily average of 1,490,862. This is 26 percent or 9,952,353 contracts less than that achieved in the final month of 2018.

In terms of trading value, total derivatives trading on the JPX registered a value of ¥198.78 trillion. While this might seem like an impressive figure, it is in fact 47.2 percent, or ¥177.89 trillion, less than the figure achieved in December of 2018 which was ¥375 trillion.

During the month of January, the Nikkei 225 mini had a total trading volume of 20,931,812 contracts, which translates to a daily average of 1,101,674 contracts. Again, when compared to December of 2018 this is 16.9 percent less. However, on a yearly comparison, January’s figure is up by 5.5 percent.

January woes hurt ETFs on the JPX

Taking a look at exchange-traded funds (ETFs) the total trading volume during the month was 913,798 contracts. Unsurprisingly, when compared to the previous month, January’s figure has lost 26.9 percent. But it is still up when measured against January of 2018 by 4.1 percent.

The trading value for ETFs was ¥3.73 trillion on the JPX in January. Again, this was down on both a monthly and yearly comparison by 32.2 percent and 15.7 percent respectively. The daily average trading value was ¥196.36 billion.