JPX Reports Second-Highest October Derivatives Trading Volume on Record

Japan Exchange Group, Inc. (JPX) released its trading overview for October 2023, recording the Group's second highest October in derivatives trading volume and value. There were 21 trading days in October 2023.

Trading Overview for October 2023

Cash Equity Market

• In October 2023, the daily average trading value for the Prime Market (domestic common stocks) was JPY 4.2079 trillion, 3.1% lower than JPY 4.3424 trillion in September this year.

• The daily average trading value for the ETF market was JPY 264.4 billion, increasing by 20.2% compared to JPY 219.9 billion in the prior month.

Derivatives Market

• Total derivatives trading volume for the month rose by 20.7% from 34,470,303 contracts to 41,620,906 contracts on a month-on-month basis, recording the second trading value as October.

• Total derivatives trading value dropped by 22.4% from JPY 393 trillion in the prior month to JPY 305 trillion, but recording the second trading value as October.

• In October 2023, trading volume for the night session and the ratio of the night session were 17,633,219 contracts and 42.4%, compared to 11,680,081 contracts and 33.9% in the previous month.

• Total trading volume of the holiday trading on October 9 was 691,623 contracts.