Tokyo Financial Exchange (TFX) has earlier today posted its operating metrics for August 2015, with the numbers being rather strong in terms of both monthly and annual comparisons, showing that last month had little to do with the traditional summer slowdown in trading activity.
TFX saw Click 365 total trading volumes, that is, the volume of Exchange FX Margin contracts, amount to 3,945,138 contracts in August 2015. The result is 12.3% higher than in July 2015, which was a weak month for TFX’s Forex volumes.
Annual comparisons were even better, with August 2015 trading volumes on Click 365 being 100.4% stronger than those in August 2014.
Across currency pairs, trading with GBP/USD, USD/JPY and GBP/JPY saw robust rise month-on-month, but EUR/JPY trading volumes dropped 29% from levels recorded in July 2015.
Combined trading volume for all TFX products was 5,043,426 contracts in August 2015, up 16.7% in monthly terms and up 102.4% in annual terms. Average daily trading volume was 240,216 contracts.
To view the official announcement by TFX on its August 2015 metrics, click here.