Yen Trading Skyrockets at the Tokyo Financial Exchange in January
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 posted its January trading figures. Led by massive increases in Yen trading, the TFX’s Click 365 FX Futures unit reported a 63.5% month over month increase. During January, average daily trading volume (ADV) was 306,525 contracts. The figures were also 5.2% higher than the same period in 2012. The total Click 365 volumes were the highest since March 2012.
Notable volume spikes occured in all Yen crosses, with the USDJPY, EURJPY, GBPJPY, AUDJPY and NZDJPY all seeing more than 50% month over month volume growth. Among those currency pairs, the USDJPY outperformed the rest as volume figures more than doubled from December 2012 to 83,671 ADV.
TFX Monthly Contract Volume in Thousands
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 posted its January trading figures. Led by massive increases in Yen trading, the TFX’s Click 365 FX Futures unit reported a 63.5% month over month increase. During January, average daily trading volume (ADV) was 306,525 contracts. The figures were also 5.2% higher than the same period in 2012. The total Click 365 volumes were the highest since March 2012.
Notable volume spikes occured in all Yen crosses, with the USDJPY, EURJPY, GBPJPY, AUDJPY and NZDJPY all seeing more than 50% month over month volume growth. Among those currency pairs, the USDJPY outperformed the rest as volume figures more than doubled from December 2012 to 83,671 ADV.
TFX Monthly Contract Volume in Thousands