GMO Sees Slight Rebound in Preliminary Operating Revenues During August

Japanese broking giant GMO CLICK Holdings, Inc. has disclosed its preliminary operating revenues for the month ending August 2016, having seen a mixed performance in this segment over a monthly and yearly timeframe – a recent downtrend in monthly revenues was reversed, notching some growth for the first month since June 2016, according to a GMO CLICK report.

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According to the latest figures, GMO CLICK’s August 2016 preliminary operating revenues came in at $17.4 million (¥1.80 billion), which correlated to a rise from $17.0 million (¥1.75 billion) set back in June 2016 – this justified a monthly growth of 3.3% MoM, despite very low 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 permeating global markets.

YoY Downtrend Intact

The figures also represent a slight paring of losses in revenues at GMO Click, which apart from June 2016 have been pointed lower over the past four months. Delving further into the latest batch of data, GMO CLICK’s August 2016 preliminary revenues were also lower by a factor of -28.0% YoY from $24.2 million (¥2.5 billion) in August 2015.

Earlier this month, GMO CLICK released its over-the-counter (OTC) FX trading volumes, which came in at just ¥78.23 trillion during August 2016, down -32.8% from ¥116.4 trillion in July 2016. TFX Click 365 trading volume fell as well about 29.3% from the previous month. Total customer assets dropped from ¥680,270 million to ¥662,782 million.