TFX's Click 365 Sees 11.2% Decline in FX Trading Volume in August

​The Tokyo Financial Exchange (TFX), the operator of multiple Japanese trading venues, has posted its trading volumes for August, revealing a decline in the demand for the derivatives of both foreign exchange (forex) and equities.

According to the official figures, the total trading volume with FX daily futures contracts on Click 365 stood at more than 1.76 million. This figure fell by 11.2 percent when compared to the previous month, but gained 3.2 percent year-over-year. Averagely, 80,269 FX contracts were traded daily on the Japanese platform.

​The US dollar-Japanese yen pair remained the most traded currency pair on Click 365, followed by the Turkish lira -Japanese yen and South African rand-Japanese yen. While trading in the USD-JPY pair declined in double-digits last month, demand for the other two currency pairs gained month-over-month: monthly trading volume with TRY-JPY and ZAR-JPY climbed 72.8 percent and 7.4 percent, respectively.

In terms of equities, Click kabu 365 recorded total monthly trading with Equity Index Daily Futures contracts of 3.36 million. This figure declined by 6.4 percent when compared to the previous month, but gained 367.8 percent year-over-year.