GMO Click reports 11.4% downturn in total FX volumes, but 6.54% increase in exchange traded FX

Japanese retail FX giant GMO Click Securities has announced its volume metrics for May 2015, the figures demonstrating an 11.4% downturn in total FX volume.

During May, total FX volume at GMO Click Securities amounted to 98.45 trillion Yen, compared with the 111.49 trillion Yen ($833 billion) achieved in April this year.

May’s figures represent greater decrement at 11.4% when compared with the previous month, which heralded a a 4% decrement compared with March 2015’s 116 trillion Yen ($962 billion).

Whilst overall FX volume decreased, exchange traded margin Click 365 margin FX contracts made a significant leap forward, with 468,197 contracts traded in May, up 6.54% compared with the 439,461 contacts traded in April, a month in which a 2.56% decrease was reported compared to 451,026 in March this year.

In line with the majority of electronic trading firms across international markets, May’s figures depicted steady activity, however volumes are still elevated from last year’s historic drop in volatility which led to a prolonged volume slump.

LeapRate reported back in January a milestone month for GMO Click where its Neo platform topped $1.2 trillion, setting a record high for monthly volume for a retail FX brokerage since the beginnings of the retail FX industry.


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