GMO Click Traders See Mitigated Binary Options Losses in New Year

Japanese broking giant, GMO Click Securities, has disclosed its binary options figures for the month ending January 2016, which saw a slightly diminished number of traders experiencing financial losses with their binary options trading than in the month prior in December 2015, according to a GMO Click statement.

GMO Click reported its transaction proportion of loss occurrence for the first month of the new year in January 2016, aggregating the number of accounts whose total monthly income has drifted into negative territory. In particular, for January 2016, GMO Click’s data revealed that 77.17% of binary options accounts lost money during the month.

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The above figure indicates that slightly fewer accounts incurred monthly losses in January 2016 than in the previous month, which registered a figure of only 78.02% back in December 2015. Despite the rescinding figure, the proportion of binary options losses remains fairly high, compared to a peak of 80.31% set back in March 2015. The loss was also unable to retrace back to a November figure of just 73.86%, indicating that trading losses remain firm.

In addition, 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 99.16% in January 2016, compared to just 95.81% back in December 2015.

GMO Click recently made headlines after it reported rebounding trading volumes for January 2016, which yielded a standout figure of ¥133.6 trillion ($1.12 trillion) for its monthly trading volumes. This represented a massive jump of 56.5% MoM from ¥85.6 trillion ($715.6 billion) in December 2015, the broker’s highest figure since September 2015.