TFX report decline of 39% in Euroyen futures
Tokyo Financial Exchange has revealed that trading in its flagship three-month Euroyen futures declined 39.9% during June.
Trading totalled 2.47m contracts, having totalled 4.11m contacts in June 2007.
The exchange’s three-month Euroyen options also suffered during June when volume declined 75.4%.
Options volume equalled 87,730 contracts during the month.
The performance of the exchange flagship’s derivatives contracts marks the latest disappointment for the Asian exchange. While the bourse’s euro-yen futures were down 39.9%, the total is still an improvement of 34.5% on volumes recorded in May.
The pattern was also repeated in the options market, where despite volume being down 75.4% year-on-year, the total still marks an increase of 42.15 from May volumes.
Eurex reports growth in volume during June Volume totalled 197.7m contracts, compared with 196.3m contracts...