GMO Click Sees January Trading Volumes Slingshot Higher off of Recent Lows

Wednesday, 03/02/2016 | 10:05 GMT by Jeff Patterson
  • GMO Click's tanking volumes are a thing of the past, with January 2016 representing strong consecutive monthly gains for the broker.
GMO Click Sees January Trading Volumes Slingshot Higher off of Recent Lows
Bloomberg

Japanese broking giant GMO Click has reported its January 2016 trading volumes, which continued to climb following an uneven performance in Q4 2015, according to a GMO Click Statement.

The last few months of the 2015 calendar year had seen diminishing trading volumes, including a yearly low figure of ¥72.5 trillion ($606.2 billion) marked back in November – since then GMO Click’s trading volumes have been on the uptick, having now secured a consecutive monthly advance off after bottoming out in November 2015.

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For the month ending January 2016, GMO Click disclosed a figure of ¥133.6 trillion ($1.12 trillion) for its monthly trading volumes, which represents a massive jump of 56.5% MoM from ¥85.6 trillion ($715.6 billion) in December 2015, the highest figure since September 2015.

The figures come during a period of Volatility in FX markets, namely in regard to Japan which has recently seen speculation surrounding the BOJ that its monetary policy regime would change – this proved to not be the case on January 29, 2016, however its clear that the market has been more dynamic and volatile than in recent months.

Over a yearly timetable, GMO Click’s trading volumes have incurred a decline however, especially when weighed against its January 2015 counterpart, which at the time noted a figure of ¥141.5 trillion ($1.18 trillion), a -5.6% YoY drop.

GMO-Click-Monthly-OTC-Trading-Volumes-

Japanese broking giant GMO Click has reported its January 2016 trading volumes, which continued to climb following an uneven performance in Q4 2015, according to a GMO Click Statement.

The last few months of the 2015 calendar year had seen diminishing trading volumes, including a yearly low figure of ¥72.5 trillion ($606.2 billion) marked back in November – since then GMO Click’s trading volumes have been on the uptick, having now secured a consecutive monthly advance off after bottoming out in November 2015.

Avid industry news reader? Take the Finance Magnates quiz

For the month ending January 2016, GMO Click disclosed a figure of ¥133.6 trillion ($1.12 trillion) for its monthly trading volumes, which represents a massive jump of 56.5% MoM from ¥85.6 trillion ($715.6 billion) in December 2015, the highest figure since September 2015.

The figures come during a period of Volatility in FX markets, namely in regard to Japan which has recently seen speculation surrounding the BOJ that its monetary policy regime would change – this proved to not be the case on January 29, 2016, however its clear that the market has been more dynamic and volatile than in recent months.

Over a yearly timetable, GMO Click’s trading volumes have incurred a decline however, especially when weighed against its January 2015 counterpart, which at the time noted a figure of ¥141.5 trillion ($1.18 trillion), a -5.6% YoY drop.

GMO-Click-Monthly-OTC-Trading-Volumes-
About the Author: Jeff Patterson
Jeff Patterson
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About the Author: Jeff Patterson
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  • 106 Followers

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