News File

TIFFE Monthly Trading Volume in March 2001

(April 4, 2001)

April 4, 2001---TIFFE announced that monthly trading volume of Three-month Euroyen futures, flagship contract on TIFFE, was 876,850 contracts. The average daily volume of Three-month Euroyen futures was 41,755 contracts, down 26% from February 2001.

Overview of Three-month Euroyen futures market in March 2001 is as below:

On the first half of March, Three-month Euroyen futures prices remained high level with the expectation of additional financial easing. On March 15, leading contract month of TIFFE's Three-month Euroyen futures (which was September 2001 contract) hit the highest price at 99.885.

On March 19, although BoJ decided to expand the monetary base, the effect to Three-month Euroyen futures prices was limited.



-ends-


pagetop