Volumes Stay Strong in Japan – Tokyo Financial Exchange February Figures

by Ron Finberg
Volumes Stay Strong in Japan – Tokyo Financial Exchange February Figures

With the CME Group posting seemingly every day a record in some FX related product, it’s not surprising that volumes continued to be healthy during February. However, after January’s breakout in Japanese volumes that led to all-time OTC volume records, it was a tough act to follow. Revealing that interest in trading in Japan remains strong and traders are returning to the market, the Tokyo Financial Exchange released their February volume figures. Total trading at Click 365, the exchange traded FX unit was 6,915,528 contracts, a 2.5% increase from January. On an average daily volume (ADV) calculation the figures were even more impressive as volumes rose over 12% from January when the shortened February month was factored.

Trading in yen crosses continue to dominate Click 365 trading due to the currency’s recent spike in Volatility . Trading was led by the EURJPY, where total contracts traded on the month rose 20.3%. While always an active mover, the EURJPY was especially active during the month as Euro volatility was spiking.

Click 365 Feb 2013 Volume

Click 365 Feb 2013 Volume

With the CME Group posting seemingly every day a record in some FX related product, it’s not surprising that volumes continued to be healthy during February. However, after January’s breakout in Japanese volumes that led to all-time OTC volume records, it was a tough act to follow. Revealing that interest in trading in Japan remains strong and traders are returning to the market, the Tokyo Financial Exchange released their February volume figures. Total trading at Click 365, the exchange traded FX unit was 6,915,528 contracts, a 2.5% increase from January. On an average daily volume (ADV) calculation the figures were even more impressive as volumes rose over 12% from January when the shortened February month was factored.

Trading in yen crosses continue to dominate Click 365 trading due to the currency’s recent spike in Volatility . Trading was led by the EURJPY, where total contracts traded on the month rose 20.3%. While always an active mover, the EURJPY was especially active during the month as Euro volatility was spiking.

Click 365 Feb 2013 Volume

Click 365 Feb 2013 Volume

About the Author: Ron Finberg
Ron Finberg
  • 1983 Articles
  • 8 Followers
About the Author: Ron Finberg
  • 1983 Articles
  • 8 Followers

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