TFX Trading Volumes Notch Solid Growth in August, USDJPY on the Uptick

Tokyo Financial Exchange (TFX) reported its volumes for the month ending August 2015, having shown a staunch growth across the number of margin foreign exchange (FX) contracts traded by Click365, according to a TFX statement.

A total of 3,945,138 contracts changed hands during August 2015, highlighting a strong growth of 12.3% MoM from July 2015 – across a yearly timeframe, Click365’s contracts also notched an uptick of 100.4% YoY from August 2014. In addition, the TFX saw a daily average of 187,865 contracts across its Click365 platform during August 2015.

In terms of Click365’s trading composition in August 2015, the most widely utilized currency pair was the USD/JPY, which jumped to 1,088,022 contracts. This constitutes a growth of 22.1% MoM from July 2015, with a yearly change of 88.7% YoY from August 2014. Other pairs of note were the AUD/JPY and the GBP/USD, which saw its contracts rise by 13.8% and 56.7% MoM from July 2015 respectively. Conversely, the EUR/JPY witnessed a decline in contracts of -29.0% MoM from July 2015.

Just one month after the spotlight amidst the Greek fallout, the EUR/USD lost -8.2% MoM from July 2015, having come in at only 268,763 contracts in August 2015 – despite the drop in contracts, August 2015 corresponds to an insatiable growth of 409.9% YoY from August 2014.

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *