Volume Survey

>> Past Survey

Results of Turnover Survey of Tokyo Foreign Exchange Market

July 25, 2016
(Tokyo Foreign Exchange Market Committee)

[ PDF Download ]

The Tokyo Foreign Exchange Market Committee (TFEMC) today released the results of its Turnover Survey of Tokyo Foreign Exchange Market covering transactions in April 2016 (see attached tables).

The TFEMC conducts the survey in order to provide market participants with developments in the Tokyo foreign exchange (FX) market in an accurate and timely manner, thereby contributing to the sound growth of the market. In conducting the survey, the Financial Markets Department of the Bank of Japan provides technical assistance in collecting and processing the data of respective respondents.

Turnover in April 2016 increased from the previous survey which covered transactions in October 2015. Turnover increased in all trading instruments.

From this round of the survey, the TFEMC started to publish the turnover of currency swaps (see tables 1-5, 7 and annex tables 1-2).


Tokyo Foreign Exchange Market Committee
Hirochika Iwadare, Mr. (Global Markets Unit, Bank of Tokyo-Mitsubishi UFJ)
Phone: 81-3-6268-1130
E-Mail: akira_hoshino@mufg.jp

Vice Chairperson
Tokyo Foreign Exchange Market Committee
Hiroaki Aoyama, Mr. (Forex Division, Mizuho Bank)
Phone: 81-3-3201-5602
E-Mail: hiroaki.aoyama@mizuho-bk.co.jp

Tokyo Foreign Exchange Market Committee
Hirotaka Inoue, Mr. (Financial Markets Department, Bank of Japan)
Phone: 81-3-3277-3543
E-Mail: hirotaka.inoue@boj.or.jp


The TFEMC actively conducts the turnover survey on the FX and OTC derivatives market. The survey was conducted annually until 2011, covering FX transactions in April. From 2012, the survey has been conducted semiannually—in April and October—in order to grasp market developments in a more timely manner. This is the 15th survey since its inception in 2006.

Similar surveys are conducted and released by overseas FX market committees in London, New York, Singapore, Sydney, and Canada.

Reporting Financial Institutions

Bank of America
Bank of Tokyo-Mitsubishi UFJ
Barclays Bank PLC
BNP Paribas
Credit Agricole CIB
Deutsche Securities
Goldman Sachs Securities
J.P. Morgan Chase Bank
Mitsubishi UFJ Trust and Banking Corporation
Mizuho Bank
Nomura Securities
RBS Securities
Societe Generale
State Street Bank and Trust Company
Sumitomo Mitsui Banking Corporation
Sumitomo Mitsui Trust Bank
Australia and New Zealand Banking Group
Bank of New York Mellon
Commerzbank AG
Hongkong and Shanghai Banking Corporation
Morgan Stanley MUFG Securities
Nomura Trust and Banking
Norinchukin Bank
Resona Bank
Royal Bank of Canada
Shinsei Bank
Standard Chartered Bank
Citigroup Global Markets Japan

[ PDF Download ]

Past Survey(PDF Download)

to TOP

Terms of use of the Web Site