Japan is Back! GMO Click Volumes Hit 8 Month Highs

GMO Click securities, 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 had another great month in November. Overall FX volumes at the Japanese broker were 8.4% higher to $384 billion for the month. GMO’s OTC FX unit registered $375.7 billion in volume which compared to $345.4 billion in October, and was the highest total since March 2012.

The rise in volume at GMO Click occurred as Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, 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. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, 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. Traders Read this Term in the Japanese Yen rose last month. The effects on volumes were previously seen in earlier reports from the TFX and CME which showed a spike higher in yen trading. Interestingly though, GMO Click’s exchange traded FX business was slightly lower on the month, even as Click 365 volumes rose at the TFX. However, this may be more to do with GMO Click spending more of its efforts on marketing its OTC versus exchange traded products due to their higher expected profit margins.

While the Japanese forex market appeared to be on a downward spiral earlier this as new regulations restricting margin use were passed, broker’s appear to be adjusting to the new environment. Reacting to the changes, Japanese brokers have decreased spreads, launched new products (see earlier post about Invast), and consolidated operations. While it may be too early to definitely say the worst is over, it does appear that at least volume wise, the new policies are working.