Tokyo Financial Exchange (TFX) reported Click 365 FX August metrics today, and the results are even better than July with 1,968,579 (+15.1% MoM) total volume with a daily average of 93,741 (25.7% increase MoM).
The total trading volume of Exchange FX Margin contracts (Click 365) last month (July) was 1,710,892 and its average daily trading volume was 74,384. For August, we again have a higher overall total with a big increase of average traded per day.
Sentiment in the Canadian dollar, the euro and overall pressure in geopolitical risk contributed to some significantly higher MoM gains.
To note, the trading volume of Three-month Euroyen futures in July was 205,332, up 5.2% MoM.
See the table below for the composition of the trading volume across currency pairs.