The Japan Exchange Group (JPX) has released an overview of its trading data for March 2023 and the full year 2022. Data show that its total derivatives trading volume increased significantly month-on-month.
Overview of transaction data for March 2023
Cash stock market
In March 2023, the average daily trading volume of the exchange's main market (domestic common stock) was 3.4967 trillion yen, an increase of 10.8% compared to 3.1564 trillion yen in February.
The average daily turnover of the ETF (exchange traded fund) market for the month was 236.5 billion yen, up 43.9% from 164.4 billion yen in February.
Derivatives market
In March 2023, total derivatives trading volume was 40,723,827 contracts, an increase of 83.1% month-on-month compared to 22,236,443 contracts in February 2023.
The total value of derivatives trading in the month reached 390 trillion yen, up 134.9 percent from 166 trillion yen in the previous month.
The trading volume of the Japanese exchange was 16,559,103 contracts, accounting for 40.7% of the night trading volume. The exchange's February night trading volume was 9201,596 contracts, accounting for 41.4%.
During the month, Nikkei 225 Weekly Options traded 132,550 contracts, a record high. TOPIX Futures traded 4,103,435 contracts, the second highest volume for the month.
There were 261,494 contracts traded on the TSE REIT Index Futures and 269,209 lots traded on the TSE Bank Index Futures, both reaching record highs.
On March 21, the total volume of holiday trading on the JX was 522,182 contracts. The total number of contracts traded during the February holiday was 352,578.
Fy2022 transaction data Overview
Cash stock market
In 2022, the average daily turnover of the exchange's main market (domestic ordinary shares) reached 3,277.7 billion yen.
The total trading volume of the ETF market reached 64,9157 billion yen and the average daily trading volume reached 265 billion yen.
Derivatives market
In fiscal year 2022, the exchange's total derivatives trading volume was 368,654,191 contracts.
The exchange's total derivatives turnover in 2022 reached 3,045 trillion yen.
In fiscal year 2022, the JSE's overnight trading volume was 149,950,651 contracts, accounting for 40.7% of the total, a record high.
In addition, the volume of DJIA Futures, Nikkei 225 weekly options, securities options, Topix REIT index futures, Topix Banking index futures and power futures all reached record highs. The TSE Mothers Index Futures were a close second in trading volume, while platinum mini futures were the third highest for the year.