The (JPX), which operates multiple securities exchanges including the Tokyo Stock Exchange and the Osaka Securities Exchange, has reported its monthly trading volumes for February of 2019.
, which recorded a slump after months of healthy trading gains on the exchange, February has continued on this lacklustre trend, with derivatives and stocks trading volume and value falling.
Specifically, the number of derivatives contracts traded was 25,593,715 contracts. When compared to the previous month, which also recorded a fall in the number of contracts traded, this is down by 9.6 per cent.
When measured against the same month of the prior year, February 2018, the number of contracts traded was 14,465,442 less or 36.1 per cent. The average daily volume for the past month was 1,347,038.
In terms of trading value, the results don’t look much better. In February, the trading value for derivatives was ¥189.2 trillion (around $1.7 billion). This is down on both a monthly (-4.8 per cent) and yearly (-27.3 per cent) comparison.
During the month of February, the Nikkei 225 mini had a total trading volume of 18,593,524 contracts, which translates to a daily average of 978,607 contracts. When compared to January this is 11.2 per cent less and on a yearly comparison, February’s figure has fallen by 36.2 per cent.
ETFs Follow Downward Trend on JPX
Moving on to exchange-traded funds (ETFs), the picture does not look much brighter. During the month, trading volume came in at 769,249 contracts, which is an average daily volume of 40,487. This is a decline of 15.8 per cent month-on-month and 44.1 per cent year-on-year.
Trading value for ETFs follows a similar trend. During February, trading value for the segment was ¥3.3 trillion. When measuring this figure against that achieved in January, it is 10.8 per cent less.
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