GMO Click’s Trading Volumes See Steady Rise Across-the-Board in September

OTC FX volumes mounted a comeback in September, client accounts also securing a tepid growth.

GMO CLICK Holdings, Inc., a Japanese trading conglomerate, has just released its monthly preliminary report detailing its various subsidiaries for the month of September 2016. The latest statistics showed a positive performance overall in September, despite months of mixed volumes reports that had waivered during H2 2016.

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During September 2016, GMO Click’s over-the-counter (OTC) FX trading volumes came in at a measly ¥90.4 trillion, up 15.6% from in ¥78.2 trillion August 2016. TFX Click 365 trading volume fell as well about 29.3% from the previous month. Moreover, the total customer assets also rose to ¥707,551 million in September 2016 from ¥662,782 million in August 2016.

The uptick in volumes coincided with GMO CLICK’s growth in the number of new traders during the month. In September 2016, the overall number of brokerage accounts increased to 297,361 from 295,333 in August 2016, or less than 1.0% MoM. This compares with the number of OTC FX accounts in September 2016, which increased to 456,103 from 452,222 in August 2016, also less than 1.0% higher MoM.

Furthermore, the number of TFX Click 365 accounts during September 2016 increased to 348,818 from 344,836 in August 2016, while the number of CFD accounts increased to 59,314 from 58,561 in the month prior – the number of binary option accounts also increased to 165,802 in September 2016 from 164,665 in August 2016.

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