GMO Click Forex volumes tail off 30% MoM during August


GMO Click Securities, a subsidiary of GMO Click Holdings Inc (TYO:7177), has just published its key operating metrics for August 2016, with OTC FX volumes dipping below 1 trillion USD during an August with no significant activity to bolster markets and the VIX volatility index in a calm range. This month comes after trading volumes had bounced back to hold back above USD 1 trillion in the OTC segment during June and July.

Both OTC and on-exchange volumes fell around 30% in August, but with GMO Click continuing to see growth in the number of trading accounts.

The broker reported August OTC Forex volumes of  ¥78.24 trillion (USD $888 billion) down from July’s ¥116.40 trillion (USD $1.14 trillion) for July 2016, 32% lower MoM from July numbers.

The number of OTC FX accounts held at GMO Click reached 452,222 at the end of August, up marginally from July’s 448,805.

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The number of contracts traded on Click365, the on-exchange FX margin trading service amounted to 400,880 down 29% from July’s 566,808. Continuing its positive trend, the number of Click 365 trading accounts rose to 344,836 in August from July’s 341,496 accounts.

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GMO Click Forex volumes tail off 30% MoM during August

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