JPX Sees Record Derivatives Demand in H1 2020

The (JPX) has published it’s latest quarterly and half-yearly financial figures ending on June 30, 2020, showing a healthy uptrend across both the Tokyo Stock Exchange (TSE) and the Osaka Stock Exchange (OSE).
Per the posted financial numbers, the daily average volume on the TSE for the first half of 2020 was recorded at ¥2.94 trillion ($27.3 billion), while for the similar half a year earlier the same number was at ¥2.55 trillion ($23.7 billion) – a year-on-year increase of 15.2 percent.

Coming to the ETF market, the daily average trading value for the latest year half reached ¥391.9 billion compared to ¥172.4 billion for H1 2019 – a jump of 127.3 percent.
The derivatives demand is constantly increasing
The OSE, in the same half-yearly period, handled a record total derivatives trading volume was 267,727,874 contracts – in the first half of the previous year, the exchange executed 172,432,174 contracts.
The exchange also recorded a total derivatives trading volume of ¥1,566 trillion, the second-highest half-yearly number, and the trading value for equity index derivatives of ¥1,024 trillion, a record figure. Both these numbers were ¥1,451 trillion and ¥709 trillion respectively the previous year.
Trading volume for TSE Mothers Index Futures was 222,114 contracts, the highest on record and as of the end of June, open interest was 19,131 contracts, the second-highest on record, the exchange’s financials revealed.
Meanwhile, the OSE is also looking into the in the country’s long Golden Week holiday from the end of April and the beginning of July. This will reduce many for the unusual 10-day market break.

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