Shanghai Index Beats Dow Jones at GMO Click in June
- The Japanese giant issued rankings of the top most traded CFDs in June, revealing that Chinese equity topped American and Twitter beat Facebook.
Japan’s largest online 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 brokerage, GMO CLICK Securities, has just posted a couple of top ten lists showing the growing importance of China for Asian traders as Japanese clients are becoming increasingly keen on trading Chinese stocks.
GMO Click's CFD trading statistics for June show that its clients preferred trading the Hang Seng and the Shanghai A50 Index in June more than during the previous month. As the Chinese stock market has experienced a massive drop over the past month it will be interesting to see if next month the tremendous 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 leads to it being even more popular in July.
The top three spots have consistently been reserved for the Japanese Nikkei 225 index, crude oil and the Dow Jones Industrial Average (DJIA). In June however, the Shanghai index beat the leading American portfolio of the 30 largest U.S blue chip stocks and broke into the top three spot.
The Hong Kong index also climbed to the fifth place in June, beating the always popular gold. The remaining top ten are associated with a rather typical mix of products including the German Dax index, the other two major U.S. equity indices S&P 500 and NASDAQ.
| Ranking | May-15 | Jun-15 |
| 1st | Japan 225 | Japan 225 |
| 2nd | Crude oil | Crude oil |
| 3rd | US 30 | Shanghai A50 |
| 4th | Gold spot | US 30 |
| 5th | Germany 30 | Hong Kong H |
| 6th | Hong Kong H | Gold spot |
| 7th | US NQ100 | Germany 30 |
| 8th | Shanghai A50 | US NQ100 |
| 9th | Platinum spot | Silver spot |
| 10th | US S500 | United Kingdom 100 |
Facebook Drops
In the GMO CLICK ranking of top ten single stock CFDS we can also see the growing importance of Chinese stocks with three entries on the list. Apple remained the most popular stock, but Twitter took out Facebook for the second place, which dropped all the way to the ninth spot.
| Ranking | May-15 | Jun-15 |
| 1st | Apple | Apple |
| 2nd | ||
| 3rd | Alibaba | Morgan Stanley |
| 4th | China Industrial and Commercial Bank | China Life Insurance |
| 5th | Alibaba | |
| 6th | Alcoa | Goldman Sachs Group Inc. |
| 7th | P & G | |
| 8th | China Life Insurance | Netflix |
| 9th | Disney | |
| 10th | Yahoo! | CHINA CONSTRUCTION BANK |
Earlier this month, GMO Click revealed that its forex trading volumes jumped by about 30% in June. The value of exchange-traded contracts during the month also increased in June to ¥591 billon.
Japan’s largest online 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 brokerage, GMO CLICK Securities, has just posted a couple of top ten lists showing the growing importance of China for Asian traders as Japanese clients are becoming increasingly keen on trading Chinese stocks.
GMO Click's CFD trading statistics for June show that its clients preferred trading the Hang Seng and the Shanghai A50 Index in June more than during the previous month. As the Chinese stock market has experienced a massive drop over the past month it will be interesting to see if next month the tremendous 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 leads to it being even more popular in July.
The top three spots have consistently been reserved for the Japanese Nikkei 225 index, crude oil and the Dow Jones Industrial Average (DJIA). In June however, the Shanghai index beat the leading American portfolio of the 30 largest U.S blue chip stocks and broke into the top three spot.
The Hong Kong index also climbed to the fifth place in June, beating the always popular gold. The remaining top ten are associated with a rather typical mix of products including the German Dax index, the other two major U.S. equity indices S&P 500 and NASDAQ.
| Ranking | May-15 | Jun-15 |
| 1st | Japan 225 | Japan 225 |
| 2nd | Crude oil | Crude oil |
| 3rd | US 30 | Shanghai A50 |
| 4th | Gold spot | US 30 |
| 5th | Germany 30 | Hong Kong H |
| 6th | Hong Kong H | Gold spot |
| 7th | US NQ100 | Germany 30 |
| 8th | Shanghai A50 | US NQ100 |
| 9th | Platinum spot | Silver spot |
| 10th | US S500 | United Kingdom 100 |
Facebook Drops
In the GMO CLICK ranking of top ten single stock CFDS we can also see the growing importance of Chinese stocks with three entries on the list. Apple remained the most popular stock, but Twitter took out Facebook for the second place, which dropped all the way to the ninth spot.
| Ranking | May-15 | Jun-15 |
| 1st | Apple | Apple |
| 2nd | ||
| 3rd | Alibaba | Morgan Stanley |
| 4th | China Industrial and Commercial Bank | China Life Insurance |
| 5th | Alibaba | |
| 6th | Alcoa | Goldman Sachs Group Inc. |
| 7th | P & G | |
| 8th | China Life Insurance | Netflix |
| 9th | Disney | |
| 10th | Yahoo! | CHINA CONSTRUCTION BANK |
Earlier this month, GMO Click revealed that its forex trading volumes jumped by about 30% in June. The value of exchange-traded contracts during the month also increased in June to ¥591 billon.