Tokyo Financial Exchange Volumes Hit Five-Year Low in September
- The Tokyo Financial Exchange (TFX) has issued its September volume date. During the month, trading in its Click365, exchange traded FX product fell 9.4% from August to 3,003,319 contracts and was at a 5 year low.
The Tokyo Financial 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 (TFX) has issued its September volume date. During the month, trading in its Click365 exchange-traded FX product fell 9.4% from August to 3,003,319 contracts. The September volumes were also 7.7% below the same period last year in 2012, marking the first month in 2013 not to experience year over year growth. Overall, the figures marked the lowest activity for Click365 volumes since December 2008. In individual crosses, the USDJPY led all Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term pairs with 1,157,998 contracts traded, followed by the AUDJPY and EURJPY.
In regards to the overall Japanese market, it is too early to tell whether similar volume declines were experienced among OTC FX brokers. Even during its peak periods of trading this year, Click365 volume were below figures from 2010 and 2011, as Japanese exchange FX traders have been steadily migrating towards OTC FX products. As such, September’s decline at the TFX may have more to do with the overall rotation away from Click365 trading, than a drop in Japanese FX trading.
TFX Click 365 Monthly Volumes (K contracts)
The Tokyo Financial 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 (TFX) has issued its September volume date. During the month, trading in its Click365 exchange-traded FX product fell 9.4% from August to 3,003,319 contracts. The September volumes were also 7.7% below the same period last year in 2012, marking the first month in 2013 not to experience year over year growth. Overall, the figures marked the lowest activity for Click365 volumes since December 2008. In individual crosses, the USDJPY led all Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term pairs with 1,157,998 contracts traded, followed by the AUDJPY and EURJPY.
In regards to the overall Japanese market, it is too early to tell whether similar volume declines were experienced among OTC FX brokers. Even during its peak periods of trading this year, Click365 volume were below figures from 2010 and 2011, as Japanese exchange FX traders have been steadily migrating towards OTC FX products. As such, September’s decline at the TFX may have more to do with the overall rotation away from Click365 trading, than a drop in Japanese FX trading.
TFX Click 365 Monthly Volumes (K contracts)