GMO CLICK’s April Preliminary Operating Revenues Looks to Get Back on Track
- GMO CLICK is looking to reverse a 2015 trend that saw its operating revenues shrink during each successive quarter.
Online Japanese broking giant GMO CLICK Holdings, Inc. has just released its preliminary operating revenues for the first month of the fiscal year ending March 31, 2017 – April 2016 looks to be a notable improvement from March, though the figure has wavered relative to the year prior, according to a GMO CLICK report.
The new world of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone , fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
Looking at the latest figures, April 2016’s preliminary operating revenues came in at $22.0 million (¥2.4 billion), which constitutes a sizable ascension relative to the month prior. Compared to March 2016, the preliminary revenues in April were higher by a factor 15.8% MoM from $19.0 million (¥2.1 billion).
However, GMO CLICK's April 2016 preliminary figures have signaled a decline over its 2015 counterpart, when operating revenues were $25.1 million (¥2.7 billion), or -12.2% YoY.
GMO CLICK is trying to reverse a 2015 narrative which saw its operating revenues waver in each successive quarter throughout last year, which peaked in Q1, ultimately losing ground and seeing its lowest financials in Q4 2015.
Earlier this month, GMO CLICK released its April trading metrics, giving a snapshot of its latest volumes across its over-the-counter (OTC) and Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv -traded FX business – the volumes totaled ¥113.4 trillion ($1.033 trillion) for April 2016, down -2.8% from ¥116.7 trillion ($1.037 trillion) reported in March 2016.
Online Japanese broking giant GMO CLICK Holdings, Inc. has just released its preliminary operating revenues for the first month of the fiscal year ending March 31, 2017 – April 2016 looks to be a notable improvement from March, though the figure has wavered relative to the year prior, according to a GMO CLICK report.
The new world of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone , fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
Looking at the latest figures, April 2016’s preliminary operating revenues came in at $22.0 million (¥2.4 billion), which constitutes a sizable ascension relative to the month prior. Compared to March 2016, the preliminary revenues in April were higher by a factor 15.8% MoM from $19.0 million (¥2.1 billion).
However, GMO CLICK's April 2016 preliminary figures have signaled a decline over its 2015 counterpart, when operating revenues were $25.1 million (¥2.7 billion), or -12.2% YoY.
GMO CLICK is trying to reverse a 2015 narrative which saw its operating revenues waver in each successive quarter throughout last year, which peaked in Q1, ultimately losing ground and seeing its lowest financials in Q4 2015.
Earlier this month, GMO CLICK released its April trading metrics, giving a snapshot of its latest volumes across its over-the-counter (OTC) and Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv -traded FX business – the volumes totaled ¥113.4 trillion ($1.033 trillion) for April 2016, down -2.8% from ¥116.7 trillion ($1.037 trillion) reported in March 2016.