GMO Click Securities, one of the largest brokers in Japan, has reported its binary options statistics for the month ending December 2016, which saw a slightly lower number of traders incur financial losses with their binary options relative to November, according to a GMO Click filing.
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GMO Click reported its transaction proportion of loss occurrence during December 2016, aggregating the number of accounts whose total monthly income has settled into negative territory. More specifically, the latest figures at GMO Click’s showed that 77.98% of binary options accounts lost money during the month, which was a minor improvement.
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December’s mitigated losses indicated that fewer trading accounts had suffered monthly losses than in November 2016, which had reported a figure of 79.36%, or a fall of approximately -1.7% MoM and the lowest figure since August 2016. In terms of volatility, December was much more subdued, due in part to seasonal lulls and a lack of major market drivers, relative to the month prior.
Moreover, GMO Click’s Ladder Options, a legal type of option available for trading in Japan, reported its total transaction amount as a percentage of the total client payment amount reaching 96.51% in December 2016, virtually unchanged MoM from 96.00% in November 2016.
GMO Click also recently reported its FX metrics across its Click 365 and FX Neo segments last week, which saw a fairly large decline MoM in terms of its volumes. GMO Click’s over-the-counter (OTC) FX trading volumes came in at ¥109.8 trillion, down -17.2% from ¥132.6 trillion in November 2016, influenced heavily by the decline in volatility from November.