The Tokyo Financial Exchange (TFX) has posted its January trading figures. Led by massive increases in Yen trading, the TFX’s Click 365 FX Futures unit reported a 63.5% month over month increase. During January, average daily trading volume (ADV) was 306,525 contracts. The figures were also 5.2% higher than the same period in 2012. The total Click 365 volumes were the highest since March 2012.
Notable volume spikes occured in all Yen crosses, with the USDJPY, EURJPY, GBPJPY, AUDJPY and NZDJPY all seeing more than 50% month over month volume growth. Among those currency pairs, the USDJPY outperformed the rest as volume figures more than doubled from December 2012 to 83,671 ADV.