BoJ currency intervention spurs FX options traders

BoJ-intervention-spurs-FX-options-traders — Risk.net montage

- By Joe Parsons
- @Joe_Parsons416
- 30 Sep 2022

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Foreign exchange options traders have been buoyed by the Bank of Japan’s recent decision to intervene in its currency market, with market participants now entering trades speculating on the likelihood of further interventions by the central bank.

Volumes in US dollar/yen options hit a two-year daily high of roughly $27.1 billion notional traded on September 22, according to data from the Depository Trust & Clearing Corporation (DTCC), triggered by the BoJ’s major decision to support the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.

If you would like to purchase additional rights please email info@fx-markets.com

You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.

If you would like to purchase additional rights please email info@fx-markets.com