GMO Click Reports Sharply Better September Volumes as Forex Market Wakes Up

One of the largest retail FX brokers in Japan, GMO Click reports 79% growth in FX volume compared to August

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One of the largest Japanese brokerages, GMO CLICK Securities, today published its September 2014 retail FX volume figures from trading on the FXNeo platform.

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GMO reports ¥90.0 Trillion (~$841 billion) in total FX volume for September, a 79% increase from August 2014 and 43% year-on-year increase compared to September 2013. The number of new client accounts added in September was almost 6,000, a 1.66% increase.

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Today’s results from GMO mirror several other positive performance reports specifically for the month of September. The FX market has burst into activity across the board among all retail brokers. The reasons have been multifaceted but directly linked to macro-economic and geopolitical developments including central bank manoeuvring (and expectations of), monetary policy diversion and the Scottish referendum. Forex Magnates has recently published volume metrics for MOEX, DMM, Saxo Bank, CME and KCG Hotspot all of which show particularly strong performances over the past month and broadly stronger metrics for the third quarter.

As reported by Forex Magnates yesterday, GMO opened an office in London and joins an increasingly long list of Asia-Pacific originating brokers to obtain an FCA license and operate from the UK.

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