GMO Click’s FX ADV Declines in January, Paring Recent Gains

Japanese trading conglomerate GMO CLICK has reported its 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 (FX) volumes for the month ending January 2017 – the latest figures reflect a pullback in the first month of the calendar year on a month-over-month basis, per a GMO filing.

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During January 2017, GMO Click’s FX average daily trading volumes came in at ¥88.12 trillion ($778.8 billion), down 4.0 percent month-over-month from ¥91.82 trillion ($81.15 billion) in December 2016. The latest reading is the lowest since October 2016, which had experienced multiple months of consecutive growth.

The FX figures in January buck an industry trend, which had corresponded to higher volumes overall across most retail and institutional venues relative to December 2016. This was explained by an uptick in market 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 as well as the beginning of the Trump administration last month, which dictated several moves with the USD and JPY.