GMO Click Securities has today announced its monthly trading metrics for May 2014, which depict a decline of 13% when compared with April’s figures, themselves lower than any monthly period within the last sixteen months.
Industrywide, there has been a significant tailing off in trading activity among all of the major retail FX firms globally, with Japan’s large domestic firms being no exception.
GMO Click Securities reported a trading volume of $530 billion in May 2014, equivalent to 54.38 trillion Yen.
Aside from being approximately half of the astronomic volumes achieved by GMO Click Securities during the summer months of 2013, this is down compared to April’s $606 billion (54.38 trillion Yen) as well as being the lowest this year, and the second lowest since 2012, with November 2013 having produced a lower figure.
