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Market structure analysis（Gold Standard） 2016/6/21
Sell
Buy
Sell
Buy
Gold(Standard)
Business days
Exchange Rate Volatility
(annualized)
Gold(Standard) Price
Volatility (annualized)
Night Session
Average Daily Volume
Average
price
movement
Day Session
Day
Night
Day Session Total
Night Session Total
Average Daily Volume
(Sell+Buy)
Singapore
Hong Kong
Other Countries
Open Interest（The end of a month）
Com/
Non-
com
Commercials
Non-commercials
Dom
estic
/
Fore
ign C
usto
mer
Domestic
Foreign
U.S.
Australia
Com/
Non-
com
Commercials
Non-
commercials
Singapore
Hong Kong
Other Countries
Dom
estic
/
Fore
ign C
usto
mer
(Short+
Long)
Domestic
Foreign
U.S.
Australia
36,295 51% 36,461 53%
34,949 49% 32,811 47%
12,668 18% 12,084 17%
58,576 82% 57,189 83%
35,195 49% 32,031 46%
36,050 51% 37,241 54%
16,580 (46%) 13,714 (37%)
11,220 (31%) 10,156 (27%)
7,632 (21%) 12,932 (35%)
141 (0%) 62 (0%)
476 (1%) 377 (1%)
29,620 41,002
10,777 10,213
51,861 43,671
70,704 74,460
136,735 84% 152,854 90%
26,227 16% 16,492 10%
951 (4%) 319 (2%)
6,596 (25%) 3,826 (23%)
17,178 (65%) 10,688 (65%)
503 (2%) 638 (4%)
999 (4%) 1,021 (6%)
75% 70%
25% 30%
81,481 84,673
71,244 69,272
35,622 34,636
JPY47 JPY40
JPY32 JPY25
13.4% 9.0%
16.2% 8.5%
20 19
Apr-2016 May
Market structure analysis（Gold Mini） 2016/6/21
Sell
Buy
Sell
Buy
Gold(Mini)
Business days
Exchange Rate Volatility
(annualized)
Gold(Mini) Price Volatility
(annualized)
Night Session
Average Daily Volume
Average
price
movement
Day Session
Day
Night
Day Session Total
Night Session Total
Average Daily Volume
(Sell+Buy)
Singapore
Hong Kong
Other Countries
Open Interest（The end of a month）
Com/
Non-
com
Commercials
Non-commercials
Dom
estic
/
Fore
ign C
usto
mer
Domestic
Foreign
U.S.
Australia
Com/
Non-
com
Commercials
Non-
commercials
Singapore
Hong Kong
Other Countries
Dom
estic
/
Fore
ign C
usto
mer
(Short+
Long)
Domestic
Foreign
U.S.
Australia
5,394 49% 4,334 44%
5,696 51% 5,460 56%
416 4% 417 4%
10,674 96% 9,377 96%
5,915 53% 5,204 53%
5,175 47% 4,590 47%
36 (1%) 35 (1%)
2,601 (50%) 2,705 (59%)
2,512 (49%) 1,831 (40%)
0 (0%) 0 (0%)
26 (1%) 18 (0%)
177 211
175 144
14,456 15,559
14,458 15,626
20,404 70% 21,668 69%
8,862 30% 9,872 31%
0 (0%) 0 (0%)
628 (7%) 255 (3%)
8,174 (92%) 9,592 (97%)
0 (0%) 0 (0%)
60 (1%) 25 (0%)
99% 99%
1% 1%
14,633 15,770
11,090 9,794
5,545 4,897
JPY47 JPY40
JPY32 JPY24
13.4% 9.0%
16.2% 8.5%
20 19
Apr-2016 May
Market structure analysis（Gold Daily Futures） 2016/6/21
Sell
Buy
Sell
Buy
Gold(Daily Futures)
Business days
Exchange Rate Volatility
(annualized)
Gold(Daily Futures) Price
Volatility (annualized)
Night Session
Average Daily Volume
Average
price
movement
Day Session
Day
Night
Day Session Total
Night Session Total
Average Daily Volume
(Sell+Buy)
Singapore
Hong Kong
Other Countries
Open Interest（The end of a month）
Com/
Non-
com
Commercials
Non-commercials
Dom
estic
/
Fore
ign C
usto
mer
Domestic
Foreign
U.S.
Australia
Com/
Non-
com
Commercials
Dom
estic
/
Fore
ign C
usto
mer
(Short+
Long)
Domestic
Foreign
U.S.
Australia
Singapore
Hong Kong
Other Countries
Non-
commercials
22,956 70% 25,099 73%
9,682 30% 9,377 27%
1,095 3% 1,206 3%
31,543 97% 33,270 97%
22,070 68% 24,018 70%
10,568 32% 10,458 30%
0 (0%) 0 (0%)
1,991 (19%) 1,896 (18%)
8,578 (81%) 8,562 (82%)
0 (0%) 0 (0%)
0 (0%) 0 (0%)
1,680 3,595
2,120 1,920
83,657 95,341
83,217 97,016
166,995 98% 189,899 96%
3,679 2% 7,973 4%
0 (0%) 0 (0%)
31 (1%) 31 (0%)
3,648 (99%) 7,942 (100%)
0 (0%) 0 (0%)
0 (0%) 0 (0%)
98% 97%
2% 3%
85,337 98,936
32,638 34,476
16,319 17,238
JPY45 JPY37
JPY32 JPY24
13.4% 9.2%
16.2% 8.5%
20 19
Apr-2016 May-2015
Market structure analysis（Silver） 2016/6/21
Sell
Buy
Sell
Buy
Silver
Business days
Exchange Rate Volatility
(annualized)
Silver Price Volatility
(annualized)
Night Session
Average Daily Volume
Average
price
movement
Day Session
Day
Night
Day Session Total
Night Session Total
Average Daily Volume
(Sell+Buy)
Singapore
Hong Kong
Other Countries
Open Interest（The end of a month）
Com/
Non-
com
Commercials
Non-commercials
Dom
estic
/
Fore
ign C
usto
mer
Domestic
Foreign
U.S.
Australia
Com/
Non-
com
Commercials
Non-
commercials
Singapore
Hong Kong
Other Countries
Dom
estic
/
Fore
ign C
usto
mer
(Short+
Long)
Domestic
Foreign
U.S.
Australia
506 64% 239 60%
288 36% 161 40%
201 25% 74 19%
593 75% 326 81%
446 56% 212 53%
349 44% 188 47%
0 (0%) 0 (0%)
54 (16%) 36 (19%)
289 (83%) 144 (76%)
0 (0%) 0 (0%)
5 (1%) 9 (5%)
2,765 3,061
606 518
678 572
2,837 3,115
5,672 82% 5,953 82%
1,214 18% 1,313 18%
0 (0%) 0 (0%)
91 (7%) 80 (6%)
1,061 (87%) 1,181 (90%)
0 (0%) 0 (0%)
62 (5%) 52 (4%)
51% 51%
49% 49%
3,443 3,633
794 400
397 200
JPY1.1 JPY0.8
JPY0.6 JPY0.6
29.9% 18.9%
16.2% 8.5%
20 19
Apr-2016 May
Market structure analysis（Platinum Standard） 2016/6/21
Sell
Buy
Sell
Buy
Platinum(Standard)
Business days
Exchange Rate Volatility
(annualized)
Platinum(Standard)
Price Volatility
(annualized)
Night Session
Average Daily Volume
Average
price
movement
Day Session
Day
Night
Day Session Total
Night Session Total
Average Daily Volume
(Sell+Buy)
Singapore
Hong Kong
Other Countries
Open Interest（The end of a month）
Com/
Non-
com
Commercials
Non-commercials
Dom
estic
/
Fore
ign C
usto
mer
Domestic
Foreign
U.S.
Australia
Com/
Non-
com
Commercials
Non-
commercials
Singapore
Hong Kong
Other Countries
Dom
estic
/
Fore
ign C
usto
mer
(Short+
Long)
Domestic
Foreign
U.S.
Australia
12,900 57% 11,581 56%
9,830 43% 9,077 44%
3,016 13% 2,568 12%
19,714 87% 18,091 88%
11,547 51% 10,710 52%
11,183 49% 9,948 48%
3,875 (35%) 3,824 (38%)
5,278 (47%) 4,217 (42%)
1,342 (12%) 1,497 (15%)
16 (0%) 21 (0%)
673 (6%) 390 (4%)
16,912 19,986
10,702 10,401
30,368 32,197
36,578 41,782
78,947 83% 84,355 81%
15,613 17% 20,011 19%
1,324 (8%) 2,813 (14%)
7,439 (48%) 11,776 (59%)
2,362 (15%) 997 (5%)
253 (2%) 284 (1%)
4,235 (27%) 4,141 (21%)
71% 71%
29% 29%
47,280 52,183
22,730 20,658
11,365 10,329
JPY68 JPY55
JPY38 JPY35
24.4% 17.4%
16.2% 8.5%
20 19
Apr-2016 May
Market structure analysis（Platinum Mini） 2016/6/21
Sell
Buy
Sell
Buy
Platinum(Mini)
Business days
Exchange Rate Volatility
(annualized)
Platinum(Mini) Price
Volatility (annualized)
Night Session
Average Daily Volume
Average
price
movement
Day Session
Day
Night
Day Session Total
Night Session Total
Average Daily Volume
(Sell+Buy)
Singapore
Hong Kong
Other Countries
Open Interest（The end of a month）
Com/
Non-
com
Commercials
Non-commercials
Dom
estic
/
Fore
ign C
usto
mer
Domestic
Foreign
U.S.
Australia
Com/
Non-
com
Commercials
Non-
commercials
Singapore
Hong Kong
Other Countries
Dom
estic
/
Fore
ign C
usto
mer
(Short+
Long)
Domestic
Foreign
U.S.
Australia
800 44% 711 42%
1,036 56% 979 58%
69 4% 81 5%
1,767 96% 1,609 95%
1,106 60% 1,082 64%
730 40% 608 36%
0 (0%) 0 (0%)
640 (88%) 555 (91%)
86 (12%) 47 (8%)
0 (0%) 0 (0%)
5 (1%) 5 (1%)
88 167
90 57
4,151 4,028
4,149 4,138
7,503 88% 7,163 85%
975 12% 1,227 15%
0 (0%) 0 (0%)
619 (63%) 773 (63%)
347 (36%) 430 (35%)
0 (0%) 0 (0%)
9 (1%) 24 (2%)
98% 97%
2% 3%
4,239 4,195
1,836 1,690
918 845
JPY66 JPY52
JPY36 JPY32
24.4% 17.4%
16.2% 8.5%
20 19
Apr-2016 May
Market structure analysis（Palladium） 2016/6/21
Sell
Buy
Sell
Buy
Palladium
Business days
Exchange Rate Volatility
(annualized)
Palladium Price Volatility
(annualized)
Night Session
Average Daily Volume
Average
price
movement
Day Session
Day
Night
Day Session Total
Night Session Total
Average Daily Volume
(Sell+Buy)
Singapore
Hong Kong
Other Countries
Open Interest（The end of a month）
Com/
Non-
com
Commercials
Non-commercials
Dom
estic
/
Fore
ign C
usto
mer
Domestic
Foreign
U.S.
Australia
Com/
Non-
com
Commercials
Non-
commercials
Singapore
Hong Kong
Other Countries
Dom
estic
/
Fore
ign C
usto
mer
(Short+
Long)
Domestic
Foreign
U.S.
Australia
117 57% 147 72%
87 43% 57 28%
48 23% 60 29%
157 77% 145 71%
136 67% 144 71%
68 33% 60 29%
0 (0%) 0 (0%)
52 (76%) 51 (85%)
14 (20%) 6 (10%)
0 (0%) 0 (0%)
3 (4%) 3 (5%)
719 820
361 369
351 201
709 652
1,898 89% 1,878 92%
242 11% 164 8%
0 (0%) 0 (0%)
75 (31%) 42 (26%)
117 (48%) 71 (43%)
0 (0%) 0 (0%)
50 (21%) 51 (31%)
50% 42%
50% 58%
1,070 1,021
204 204
102 102
JPY46 JPY33
JPY22 JPY18
32.2% 25.8%
16.2% 8.5%
20 19
Apr-2016 May
Market structure analysis（Gasoline） 2016/6/21
Sell
Buy
Sell
Buy
Gasoline
Business days
Exchange Rate Volatility
(annualized)
Gasoline Price Volatility
(annualized)
Night Session
Average Daily Volume
Average
price
movement
Day Session
Day
Night
Day Session Total
Night Session Total
Average Daily Volume
(Sell+Buy)
Singapore
Hong Kong
Other Countries
Open Interest（The end of a month）
Com/
Non-
com
Commercials
Non-commercials
Dom
estic
/
Fore
ign C
usto
mer
Domestic
Foreign
U.S.
Australia
Com/
Non-
com
Commercials
Non-
commercials
Singapore
Hong Kong
Other Countries
Dom
estic
/
Fore
ign C
usto
mer
(Short+
Long)
Domestic
Foreign
U.S.
Australia
4,924 58% 4,224 60%
3,575 42% 2,842 40%
2,255 27% 1,816 26%
6,242 73% 5,250 74%
6,049 71% 4,889 69%
2,449 29% 2,177 31%
650 (27%) 605 (28%)
1,450 (59%) 1,126 (52%)
331 (14%) 428 (20%)
0 (0%) 0 (0%)
19 (1%) 19 (1%)
4,843 4,690
3,973 4,187
5,357 5,056
6,227 5,559
18,030 88% 17,448 90%
2,370 12% 2,044 10%
14 (1%) 20 (1%)
2,189 (92%) 1,860 (91%)
125 (5%) 78 (4%)
0 (0%) 0 (0%)
42 (2%) 86 (4%)
57% 54%
43% 46%
10,200 9,746
8,498 7,066
4,249 3,533
JPY1,083 JPY862
JPY573 JPY444
43.3% 27.2%
16.2% 8.5%
20 19
Apr-2016 May
Market structure analysis（Kerosene） 2016/6/21
Sell
Buy
Sell
Buy
Kerosene
Business days
Exchange Rate Volatility
(annualized)
Kerosene Price Volatility
(annualized)
Night Session
Average Daily Volume
Average
price
movement
Day Session
Day
Night
Day Session Total
Night Session Total
Average Daily Volume
(Sell+Buy)
Singapore
Hong Kong
Other Countries
Open Interest（The end of a month）
Com/
Non-
com
Commercials
Non-commercials
Dom
estic
/
Fore
ign C
usto
mer
Domestic
Foreign
U.S.
Australia
Com/
Non-
com
Commercials
Non-
commercials
Singapore
Hong Kong
Other Countries
Dom
estic
/
Fore
ign C
usto
mer
(Short+
Long)
Domestic
Foreign
U.S.
Australia
1,180 80% 1,323 85%
298 20% 237 15%
713 48% 825 53%
766 52% 736 47%
1,156 78% 1,249 80%
322 22% 311 20%
65 (20%) 47 (15%)
188 (58%) 185 (59%)
46 (14%) 49 (16%)
0 (0%) 0 (0%)
22 (7%) 30 (10%)
2,517 4,262
1,468 3,129
701 778
1,750 1,911
6,030 94% 9,387 93%
406 6% 693 7%
0 (0%) 0 (0%)
178 (44%) 390 (56%)
173 (43%) 151 (22%)
0 (0%) 0 (0%)
55 (14%) 152 (22%)
38% 27%
62% 73%
3,218 5,040
1,478 1,560
739 780
JPY1,007 JPY747
JPY611 JPY433
49.5% 29.9%
16.2% 8.5%
20 19
Apr-2016 May
Market structure analysis（Gas Oil） 2016/6/21
Sell
Buy
Sell
Buy
Gas Oil
Business days
Exchange Rate Volatility
(annualized)
Gas Oil Price Volatility
(annualized)
Night Session
Average Daily Volume
Average
price
movement
Day Session
Day
Night
Day Session Total
Night Session Total
Average Daily Volume
(Sell+Buy)
Singapore
Hong Kong
Other Countries
Open Interest（The end of a month）
Com/
Non-
com
Commercials
Non-commercials
Dom
estic
/
Fore
ign C
usto
mer
Domestic
Foreign
U.S.
Australia
Com/
Non-
com
Commercials
Non-
commercials
Singapore
Hong Kong
Other Countries
Dom
estic
/
Fore
ign C
usto
mer
(Short+
Long)
Domestic
Foreign
U.S.
Australia
0 ##### 0 #####
0 ##### 0 #####
0 ##### 0 #####
0 ##### 0 #####
0 ##### 0 #####
0 ##### 0 #####
0 #### 0 ####
0 #### 0 ####
0 #### 0 ####
0 #### 0 ####
0 #### 0 ####
0 0
0 0
0 0
0 0
0 ##### 0 #####
0 ##### 0 #####
0 #### 0 ####
0 #### 0 ####
0 #### 0 ####
0 #### 0 ####
0 #### 0 ####
##### #####
##### #####
0 0
0 0
0 0
JPY0 JPY0
JPY0 JPY0
43.5% 27.2%
16.2% 8.5%
20 19
Apr-2016 May
Market structure analysis（Dubai Crude Oil） 2016/6/21
Sell
Buy
Sell
Buy
Dubai Crude Oil
Business days
Exchange Rate Volatility
(annualized)
Dubai Crude Oil Price
Volatility (annualized)
Night Session
Average Daily Volume
Average
price
movement
Day Session
Day
Night
Day Session Total
Night Session Total
Average Daily Volume
(Sell+Buy)
Singapore
Hong Kong
Other Countries
Open Interest（The end of a month）
Com/
Non-
com
Commercials
Non-commercials
Dom
estic
/
Fore
ign C
usto
mer
Domestic
Foreign
U.S.
Australia
Com/
Non-
com
Commercials
Non-
commercials
Singapore
Hong Kong
Other Countries
Dom
estic
/
Fore
ign C
usto
mer
(Short+
Long)
Domestic
Foreign
U.S.
Australia
40,697 74% 37,711 77%
14,467 26% 11,139 23%
6,394 12% 6,508 13%
48,769 88% 42,343 87%
15,765 29% 13,670 28%
39,400 71% 35,180 72%
3,258 (8%) 2,627 (7%)
30,672 (78%) 27,427 (78%)
5,348 (14%) 5,049 (14%)
2 (0%) 1 (0%)
120 (0%) 75 (0%)
11,535 13,819
3,821 3,797
55,214 50,915
62,928 60,937
34,672 26% 36,851 28%
98,826 74% 92,617 72%
4,250 (4%) 8,305 (9%)
62,684 (63%) 62,815 (68%)
31,843 (32%) 21,300 (23%)
0 (0%) 15 (0%)
49 (0%) 182 (0%)
88% 86%
12% 14%
66,749 64,734
55,164 48,850
27,582 24,425
JPY1,134 JPY886
JPY486 JPY369
66.0% 39.2%
16.2% 8.5%
20 19
Apr-2016 May
Market structure analysis（Chukyo Gasoline） 2016/6/21
Sell
Buy
Sell
Buy
Chukyo Gasoline
Business days
Exchange Rate Volatility
(annualized)
Chukyo Gasoline Price
Volatility (annualized)
Night Session
Average Daily Volume
Average
price
movement
Day Session
Day
Night
Day Session Total
Night Session Total
Average Daily Volume
(Sell+Buy)
Singapore
Hong Kong
Other Countries
Open Interest（The end of a month）
Com/
Non-
com
Commercials
Non-commercials
Dom
estic
/
Fore
ign C
usto
mer
Domestic
Foreign
U.S.
Australia
Com/
Non-
com
Commercials
Non-
commercials
Singapore
Hong Kong
Other Countries
Dom
estic
/
Fore
ign C
usto
mer
(Short+
Long)
Domestic
Foreign
U.S.
Australia
66 72% 53 85%
26 28% 9 15%
40 44% 35 55%
52 56% 28 45%
92 100% 62 100%
0 0% 0 0%
0 (0%) 0 ####
0 (0%) 0 ####
0 (0%) 0 ####
0 (0%) 0 ####
0 (100%) 0 ####
286 238
183 203
89 95
192 130
749 100% 665 100%
1 0% 1 0%
0 (0%) 0 (0%)
0 (0%) 0 (0%)
0 (0%) 0 (0%)
0 (0%) 0 (0%)
1 (100%) 1 (100%)
37% 34%
63% 66%
375 333
92 62
46 31
JPY453 JPY27
JPY151 JPY188
37.7% 23.2%
16.2% 8.5%
20 19
Apr-2016 May
Market structure analysis（Chukyo Kerosene） 2016/6/21
Sell
Buy
Sell
Buy
Chukyo Kerosene
Business days
Exchange Rate Volatility
(annualized)
Chukyo Kerosene Price
Volatility (annualized)
Night Session
Average Daily Volume
Average
price
movement
Day Session
Day
Night
Day Session Total
Night Session Total
Average Daily Volume
(Sell+Buy)
Singapore
Hong Kong
Other Countries
Open Interest（The end of a month）
Com/
Non-
com
Commercials
Non-commercials
Dom
estic
/
Fore
ign C
usto
mer
Domestic
Foreign
U.S.
Australia
Com/
Non-
com
Commercials
Non-
commercials
Singapore
Hong Kong
Other Countries
Dom
estic
/
Fore
ign C
usto
mer
(Short+
Long)
Domestic
Foreign
U.S.
Australia
16 57% 20 85%
12 43% 4 15%
20 72% 15 64%
8 28% 9 36%
28 100% 24 100%
0 0% 0 0%
0 #### 0 ####
0 #### 0 ####
0 #### 0 ####
0 #### 0 ####
0 #### 0 ####
170 193
126 164
2 3
46 32
344 100% 392 100%
0 0% 0 0%
0 #### 0 ####
0 #### 0 ####
0 #### 0 ####
0 #### 0 ####
0 #### 0 ####
14% 9%
86% 91%
172 196
28 24
14 12
JPY90 JPY0
JPY178 JPY11
37.2% 19.5%
16.2% 8.5%
20 19
Apr-2016 May
Market structure analysis（Rubber） 2016/6/21
Sell
Buy
Sell
Buy
Rubber
Business days
Exchange Rate Volatility
(annualized)
Rubber Price Volatility
(annualized)
Average
price
movement
Day Session
Night Session
Average Daily Volume
(Sell+Buy)
Average Daily Volume
Day
Night
Day Session Total
Night Session Total
Com/
Non-
com
Commercials
Non-commercials
Dom
estic
/
Fore
ign C
usto
mer
Domestic
Foreign
U.S.
Australia
Open Interest（The end of a month）
Singapore
Hong Kong
Thailand
Malaysia
Taiwan
Other Countries
Com/
Non-
com
Commercials
Malaysia
Taiwan
Other Countries
Non-
commercials
Dom
estic
/
Fore
ign C
usto
mer
(Short+
Long)
Domestic
Foreign
U.S.
Australia
Singapore
Hong Kong
Thailand
18,347 80% 17,861 85%
4,578 20% 3,149 15%
7,673 33% 6,676 32%
15,251 67% 14,334 68%
9,084 40% 7,805 37%
13,840 60% 13,205 63%
689 (5%) 606 (5%)
5,478 (40%) 5,090 (39%)
3,900 (28%) 3,726 (28%)
2,817 (20%) 2,750 (21%)
177 (1%) 194 (1%)
194 (1%) 146 (1%)
283 (2%) 337 (3%)
301 (2%) 356 (3%)
12,964 9,359
3,820 4,138
10,467 13,594
19,611 18,815
15,398 33% 16,895 37%
31,464 67% 29,011 63%
1,681 (5%) 1,990 (7%)
11,170 (36%) 11,945 (41%)
11,303 (36%) 6,292 (22%)
4,028 (13%) 4,505 (16%)
1,193 (4%) 874 (3%)
654 (2%) 913 (3%)
189 (1%) 391 (1%)
1,246 (4%) 2,101 (7%)
64% 71%
36% 29%
23,431 22,953
22,924 21,010
11,462 10,505
JPY2.4 JPY1.7
JPY4.5 JPY4.8
30.8% 36.5%
16.2% 8.5%
20 19
Apr-2016 May
Market structure analysis（Corn） 2016/6/21
Sell
Buy
Sell
Buy
Corn
Business days
Exchange Rate Volatility
(annualized)
Corn Price Volatility
(annualized)
Night Session
Average Daily Volume
Average
price
movement
Day Session
Day
Night
Day Session Total
Night Session Total
Average Daily Volume
(Sell+Buy)
Singapore
Hong Kong
Other Countries
Open Interest（The end of a month）
Com/
Non-
com
Commercials
Non-commercials
Dom
estic
/
Fore
ign C
usto
mer
Domestic
Foreign
U.S.
Australia
Com/
Non-
com
Commercials
Non-
commercials
Singapore
Hong Kong
Other Countries
Dom
estic
/
Fore
ign C
usto
mer
(Short+
Long)
Domestic
Foreign
U.S.
Australia
2,703 73% 2,162 63%
981 27% 1,264 37%
786 21% 462 13%
2,898 79% 2,964 87%
3,081 84% 3,052 89%
603 16% 374 11%
0 (0%) 0 (0%)
274 (45%) 93 (25%)
318 (53%) 275 (73%)
10 (2%) 1 (0%)
1 (0%) 5 (1%)
8,061 6,879
4,562 4,489
10,543 10,795
14,042 13,185
32,525 87% 32,207 91%
4,683 13% 3,141 9%
0 (0%) 0 (0%)
3,064 (65%) 2,429 (77%)
1,604 (34%) 706 (22%)
0 (0%) 0 (0%)
15 (0%) 6 (0%)
66% 68%
34% 32%
18,604 17,674
3,684 3,426
1,842 1,713
JPY268 JPY254
JPY196 JPY189
19.5% 12.6%
16.2% 8.5%
20 19
Apr-2016 May
Market structure analysis（Soybean） 2016/6/21
Sell
Buy
Sell
Buy
Soybean
Business days
Exchange Rate Volatility
(annualized)
Soybean Price Volatility
(annualized)
Night Session
Average Daily Volume
Average
price
movement
Day Session
Day
Night
Day Session Total
Night Session Total
Average Daily Volume
(Sell+Buy)
Singapore
Hong Kong
Other Countries
Open Interest（The end of a month）
Com/
Non-
com
Commercials
Non-commercials
Dom
estic
/
Fore
ign C
usto
mer
Domestic
Foreign
U.S.
Australia
Com/
Non-
com
Commercials
Non-
commercials
Singapore
Hong Kong
Other Countries
Dom
estic
/
Fore
ign C
usto
mer
(Short+
Long)
Domestic
Foreign
U.S.
Australia
1,310 86% 727 76%
206 14% 227 24%
471 31% 329 35%
1,045 69% 624 65%
1,421 94% 933 98%
95 6% 21 2%
0 (0%) 0 (0%)
73 (76%) 1 (3%)
18 (19%) 18 (84%)
0 (0%) 0 (0%)
4 (4%) 3 (14%)
3,908 3,967
3,867 4,135
11,246 11,450
11,287 11,282
29,623 98% 30,148 98%
685 2% 686 2%
0 (0%) 0 (0%)
662 (97%) 657 (96%)
19 (3%) 26 (4%)
0 (0%) 0 (0%)
4 (1%) 3 (0%)
74% 74%
26% 26%
15,154 15,417
1,516 954
758 477
JPY330 JPY371
JPY506 JPY473
17.1% 15.1%
16.2% 8.5%
20 19
Apr-2016 May
Market structure analysis（Azuki (Red Bean)） 2016/6/21
Sell
Buy
Sell
Buy
Azuki (Red Bean)
Business days
Exchange Rate Volatility
(annualized)
Azuki (Red Bean) Price
Volatility (annualized)
Night Session
Average Daily Volume
Average
price
movement
Day Session
Day
Night
Day Session Total
Night Session Total
Average Daily Volume
(Sell+Buy)
Singapore
Hong Kong
Other Countries
Open Interest（The end of a month）
Com/
Non-
com
Commercials
Non-commercials
Dom
estic
/
Fore
ign C
usto
mer
Domestic
Foreign
U.S.
Australia
Com/
Non-
com
Commercials
Non-
commercials
Singapore
Hong Kong
Other Countries
Dom
estic
/
Fore
ign C
usto
mer
(Short+
Long)
Domestic
Foreign
U.S.
Australia
150 73% 176 65%
56 27% 96 35%
78 38% 111 41%
128 62% 161 59%
205 100% 267 98%
1 0% 5 2%
0 (0%) 0 (0%)
0 (5%) 0 (0%)
0 (0%) 0 (0%)
0 (0%) 0 (0%)
1 (95%) 5 (100%)
1,710 1,344
1,641 1,261
133 233
202 316
3,684 100% 3,140 100%
2 0% 14 0%
0 (0%) 0 (0%)
1 (50%) 0 (0%)
0 (0%) 0 (0%)
0 (0%) 0 (0%)
1 (50%) 14 (100%)
9% 17%
91% 83%
1,843 1,577
206 272
103 136
JPY73 JPY125
JPY157 JPY144
25.5% 31.7%
16.2% 8.5%
20 19
Apr-2016 May
