Retail Forex Volumes at GMO Click Securities Skyrocket 25% in August

After six consecutive months of declines, forex trading volumes at GMO Click rebounded sharply in August making this summer somewhat

GMO_Click_logoThe first big brokerage house from Japan, GMO Click, is out with its retail FX volumes figures from trading on the FXNeo platform. The number is reported at $476 billion (¥50.3 trillion), which is higher by 25% over the month of July and marks the first increase after half a year of monthly declines.

Volumes reported so far, confirm our analysis that the foreign exchnage market is ripe for a turn in volatility. This summer has not been the usual quiet season, with activity picking up across the spectrum with KCG, the CME Group and TFX all reporting higher trading volumes so far.

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GMO Click August
GMO Click Monthly Volumes, $

Trading in exchange products on GMO’s Click 365 solution totaled to 283,205 contracts, which is higher by 19% over the August numbers. Volatility could increase even more if the new Japanese cabinet reshuffling, announced by Prime Minister Shinzo Abe, comes after a successive disappointment with the pace of structural reforms and falling household spending numbers.

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