GMO Click Traders Incur Mounting Binary Options Losses in December

Japanese broking giant, GMO Click Securities, has reported its binary options metrics for the month ending December 2015, which revealed that a larger number of traders experienced financial losses from their trading than in November 2015, according to a GMO Click statement.

GMO Click released its transaction proportion of loss occurrence for December 2015, which aggregates the number of accounts whose total monthly income has drifted into negative territory. As such, for the month ending December 2015, GMO Click’s data shows that 78.02% of binary options accounts lost money during the month.

This indicates that more accounts incurred monthly losses in December 2015 than in the previous month, which registered a figure of only 73.86%. Additionally, this figure snaps the trend of figures which had been diminishing for consecutive months, with a steady decrease from an earlier high of 80.31% back in March 2015.

Moreover, 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 95.81% in December 2015, compared to 97.96% back in November 2015.

GMO Click recently made headlines after it reported rebounding trading volumes for December 2015. More specifically, the total GMO CLICK volume reached in December 2015 was ¥0.856 trillion, up about 18% from the equivalent figure for November 2015 (¥0.725 trillion).