The Japan Exchange Group (JPX) today released its trading overview for May 2023. The exchange's derivatives trading volume surged 35.6 per cent month-on-month, the data showed. (20 trading days in May 2023)

Cash stock market

In May 2023, the average daily trading volume of the exchange's main market (domestic common stock) was 4.0491 trillion yen, up 36.1% from 2.9748 trillion yen in April.

The average daily turnover of the ETF (exchange traded fund) market for the month was 237.7 billion yen, up 31.0% from 181.4 billion yen in April.

Derivatives market

In May 2023, total derivatives trading volume was 31,137,611 contracts, an increase of 28.9% month-on-month compared to 24,148,642 contracts in April.

Total derivatives trading volume reached Y236tn in the month, up 35.6 per cent from Y174tn in April.

When the moonlight trading volume was 12,944,919 contracts, the proportion of night trading was 41.6%, while the exchange's April night trading volume and night trading accounted for 8,703,515 contracts and 36.0%, respectively.