GMO Click FX Volumes Fall in December 2016, Accounts Nudge Up

OTC FX volumes exhibited a decline last month, although client accounts secured respectable growth.

GMO CLICK Holdings, a Japanese trading conglomerate, has just released its latest monthly preliminary report with an overview of its various subsidiaries for the month of December 2016.

The latest statistics have shown a decline in OTC FX trading volumes for the month of December, after the previous month’s disclosure revealed a more promising turn, reflective of a pattern of mixed volumes that have been seen across the industry over the last year.

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Steady Metrics

During December 2016, GMO Click’s over-the-counter (OTC) FX trading volumes came in at ¥109.8 trillion, down -17.2 percent from ¥132.6 trillion in November 2016. However, it was more positive news as far as TFX Click 365 trading volume was concerned, which rose 5.7 percent compared with November’s figures. Moreover, the total customer assets also rose to ¥722,865 million in December 2016 from ¥697,252 million in November 2016, representing an increase of 3.67 percent.

The uptick in TFX Click 365 volumes coincided with GMO CLICK’s growth in the number of new traders during the month. In December 2016, the overall number of brokerage accounts increased to 303,872 from 301,915 in November 2016, or less than 1.0% MoM. This compares with the number of OTC FX accounts in December 2016, which increased to 466,630 from 463,217 in November 2016, also less than 1.0% higher MoM.

Furthermore, the number of TFX Click 365 accounts during December 2016 increased to 359,678 from 356,051 in November 2016, while the number of CFD accounts increased to 61,388 from 60,705 in the previous month. The number of binary option accounts also increased to 168,796 in December 2016 from 167,858 in November 2016.

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