GMO Click Sees Lower Binary Options Losses during November

Japanese broker, GMO Click Securities, has reported its binary options metrics for the month ending November 2015, which showed that traders have dealt with slightly mitigated financial losses with their trading than in October 2015, according to a GMO Click statement.

GMO Click revealed its transaction proportion of loss occurrence for November 2015, which aggregates the number of accounts whose total monthly income has drifted into negative territory. For the month ending November 2015, GMO Click’s data shows that 73.96% of binary options accounts lost money during the month.

This illustrates that less accounts incurred monthly losses in November 2015 than over the past few months, albeit by a fraction of a percentage point. Moreover, this figure represents a consecutive monthly diminishing figure, relative to 74.13% last month – earlier this year, GMO saw a high of 80.31% back in March 2015, which is notably higher than November.

Furthermore, GMO Click’s Ladder Options, a legal type of options available for trading in Japan, saw the total transaction amount as a percentage of the total client payment amount reach 97.96% in November 2015, compared to 98.55% back in October 2015.

GMO Click recently made headlines after it reported vastly diminishing trading volumes for November 2015. In particular, the value of Exchange -traded contracts brokered by GMO Click dropped for a third consecutive month to a total of $2.8 billion. This figure has marked the worst monthly volumes month for the Japanese brokerage since August 2014.