TFX Starts 2020 with Mixed Trading in January

It appears January mostly delivered a solid start to 2020 for the (TFX), with the company reporting its monthly trading volumes for January this Monday.
Overall, it appears that trading on the exchange has managed to increase on a monthly comparison, however, the majority of segments were still down year-on-year.
The combined trading volume of all TFX products was 3,117,753 contracts. When measuring this against , this represents a growth of 27.9 per cent. Nonetheless, trading has fallen by 6 per cent year-on-year.
FX trading increases MoM on TFX
Taking a look at the trading volumes for foreign exchange (forex) daily futures contracts, a similar pattern appears. Namely, the exchange reported a total trading volume of 1,966,251 and an average daily trading volume of 89,378. Whilst total trading grew by 17.8 per cent month-on-month, trading of FX daily futures contracts dropped by 30.6 per cent on a yearly comparison.
In January of 2020, the currency to see the biggest monthly growth was the Australian dollar/Japanese yen pair. Specifically, in January the total trading volume was 181,648 contracts, which is 66.0 per cent up from December’s volume.
Despite the fact that the AUD/JPY currency pair posted the best monthly growth, it did also note the largest decline on a yearly comparison. Specifically, the trading volume was lower by 58.2 per cent year-on-year.
The total trading volume of equity index daily futures contracts, through Click kabu 365, was 1,108,398 contracts, with an average daily trading volume of 50,382. This represents an uptick of 55.1 per cent and a significant 200.1 per cent on a monthly and yearly comparison, respectively.
Trading of three-month Euroyen futures, on the other hand, stuttered during the month of January, with the total trading volume coming in at 43,104 contracts, which is lower by 19.3 per cent from December of 2019. January’s trading volume was also down by 63.4 per cent year-on-year.

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