GMO Click Securities publishes August data - 2012 volume is going down
GMO Click Securities is now the 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 in terms of volume (depending which time frame is used as calculation basis) however FXCM may soon resume its number one position as GMO's volumes are decreasing since March. Early 2012 GMO's volumes surged reaching as much as $389 billion/month (plus $20 billion more on its exchange) however ever since the volumes are gradually going down which is experienced by most other brokers in this market.
In August 2012 GMO's OTC forex volume was $286 billion, 6.5% lower than July. Exchange volumes were in line with previous month.
The neck to neck forex race continues (GMO's figures include OTC+exchange volume):
GMO Click Securities is now the 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 in terms of volume (depending which time frame is used as calculation basis) however FXCM may soon resume its number one position as GMO's volumes are decreasing since March. Early 2012 GMO's volumes surged reaching as much as $389 billion/month (plus $20 billion more on its exchange) however ever since the volumes are gradually going down which is experienced by most other brokers in this market.
In August 2012 GMO's OTC forex volume was $286 billion, 6.5% lower than July. Exchange volumes were in line with previous month.
The neck to neck forex race continues (GMO's figures include OTC+exchange volume):