Japanese online trading services provider GMO Click Securities, a subsidiary of GMO Click Holdings Inc (TYO:7177), has just published its key operating metrics for March 2016, with the month failing to match the February 2016 achievements.
Both OTC and on-exchange trading volumes took a dive in March, although GMO Click saw a rise in Forex accounts.
The broker reported OTC Forex volumes of ¥108.85 trillion ($985.1 billion) for March 2016, a reading which is 24.6% lower than the reading of ¥144.26 trillion the company posted in February 2016. The annual comparison did not bring any positive news either, as March 2016 OTC Forex volumes dropped 6.2% from the March 2015 result of ¥116.03 trillion.
On the brighter side, FX Neo accounts reached 436,199 at the end of March, up from February’s 433,076.
The number of contracts traded on Click365, the on-exchange FX margin trading service, amounted to 506,301, down 19.8% from February 2016 and up 12.3% from March 2015. The number of Click 365 accounts rose to 328,404 at the end of last month.
GMO Click’s OTC Forex volumes (red line). Unit: trillion yen
You can find details about GMO Click’s performance by clicking here.