GMO Click April Volumes Nearly Tops $1Trillion

We got a hint yesterday that Japanese volumes were surging again after the TFX’s figures were released. Following those numbers, the world’s largest retail Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term broker by volume, GMO Click has once again set a record for monthly volumes. During April, total trading volumes were $928 billion. The breakout figure includes both OTC and exchange traded Click 365 volume. OTC volumes were $914 billion, with Click 365 trading contributing an additional $14 billion. April’s figures bested the company’s previous total month record which was set in February.

To bring the volumes into context, GMO Click daily averages volume in 2013 are now consistently above $40 billion, which is above the activity seen at FX ECN Hotspot. April’s volume was 32% above March’s figures, and an amazing 173% above the same period last year, when the broker’s $339 billion figure was among the top numbers in the world.

Record Japanese FX volumes continue to occur on the back of the Yen’s surge in Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad Read this Term. This is occurring even as the Japanese equity market has been rallying, with volumes there also rising. As such, Japan’s local FX industry is currently seeing no ill effects of competition from equities, with FX continuing to be the asset class of choice among traders. Looking ahead, CME volumes are expected to released later today. The exchange has also been a recent beneficent of Japanese Yen trading interest.