This section allows cross-market comparisons.
Glossary Definition
Futures Turnover Ratio

Trading volume in government bond futures (number of contracts) divided by Open interest in government bond futures (number of contracts). The trading volume in government bond futures is the total number of bond futures contracts traded for all delivery dates. The open interest in government bond futures is the outstanding bond future contracts at the end of the trading period. This ratio indicates the level of hedging and speculative activity in the interest rate and bond markets relative to existing positions.