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Screenshot of a breaking news alert e-mail from Q2 2017
Continuing a significant up trend we’ve seen across the Forex trading universe in June thanks in large part to Brexit, Japanese online brokerage leader GMO Click Securities, a subsidiary of GMO Click Holdings Inc (TYO:7177), has just published its key operating metrics for June 2016, with volumes nicely rising from May levels.
Both OTC and on-exchange trading volumes rose in June, with GMO Click also seeing growth in the number of Forex accounts.
The broker reported OTC Forex volumes of ¥110.16 trillion (USD $1.08 trillion) for June 2016, 20% higher MoM than May. The annual comparison was actually down 11% YoY from June 2015, which was on of GMO Click’s best ever months.
The number of FX Neo accounts held at GMO Click reached 445,386 at the end of June, up marginally from May’s 441,830.
The number of contracts traded on Click365, the on-exchange FX margin trading service, amounted to 631,682, up a whopping 36% MoM from May and 15% YoY from June 2015. The number of Click 365 accounts rose to 337,741 at the end of last month.