Trading on China’s stock markets has more than tripled in a year, according to the World Federation of Exchanges.
The value of share trading in China increased 218% from $13.5 trillion to $43 trillion in 2015, according to a report from the industry group.
The number of trades rose 186% from 2014 to reach 10.1 billion at the end of 2015.
“Last year saw sharp rises in global trading volumes,’’ said Nandini Sukumar, CEO of WFE, in a statement.
“Strong trading activity in Asia-Pacific drove the increases in the value and volume of global share trading, putting it ahead of every other region in terms of activity,” Sukumar said.
The Chinese stock market has been a key driver of volatility in the global markets for the past year. Last month, trading was suspended on several days after circuit breakers were triggered. The circuit breakers called a halt to trading after the market fell 7%.
The value of share trading rose 41% worldwide to $114 trillion in 2015 compared with $81 trillion in 2014. The total number of trades in 2015 increased 55% from 2014, ending the year at 23.7 billion, up from 15.3 billion in 2014.
Here’s the chart from WFE: