Turkish Lira Drives Explosive Growth on Tokyo Financial Exchange in May

[kreslik.news]

The Tokyo Financial Exchange (TFX) released its trading volume report for May this Friday. The Japanese financial exchange saw a drastic month-on-month increase in overall trading volumes despite a substantial decrease in interest rate futures trading.

At the end of April, the TFX saw a total of 127,048 futures contracts being traded on its exchange. This figure decreased to 89,333 in May – a 29.7 percent difference. This downturn may in part be explained by a general decrease in investor enthusiasm in the Japanese market after a strong uptick in trading over the course of the first quarter of ... (read more)