GMO Click Announces March Volume Metrics down by 5% over February

The first batch of volumes from Japanese brokerages are out and GMO Click is the first to report. The company states that a total of $678 billion (¥69.46 trillion) have shaken hands on its OTC FX platform FX Neo. The number of total accounts have risen modestly by about 1% to 333,944.

While the figure is lower by 5% on last month’s number, the first quarter in 2014 is looking much better when compared to the final three months of last year. The average monthly numbers during the quarter are higher by about 23%, which can well be explained by returning 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 to the foreign 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 Read this Term market.

The exchange traded Click365 FX has risen by almost 4% to $3.5 billion (¥370,774 billion) during the month.

Overall the first quarter doesn’t have the promising start we had for Japanese brokerages in 2013, however it certainly looks better than the final quarter of last year. With the Japanese sales tax hike taking place yesterday we can foresee some challenges arising for Abenomics and the Bank of Japan will certainly act to stem the flow. As industry participants have noticed, the bout of FX volatility that ensued in the beginning of last year was strongly supported by the record easing policies adopted by Japanese monetary policymakers.