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Japanese forex brokerage group GMO Click Holdings said on Wednesday that according to preliminary data its subsidiaries GMO Click Securities and FX Prime by GMO Corp. both posted higher trading volumes from over-the-counter (OTC) forex deals in January 2016, compared to the previous month.
GMO Click Securities’s OTC forex trading volume was JPY 123.4 trillion in January, which is 59% higher than in the previous month. The daily average volume jumped by 83% on the month to nearly JPY 6.2 trillion per business day in January. Meanwhile, the broker’s trading volume on Click365, the Tokyo Financial Exchange’s (TFX) exchange listed forex margin trading service, grew 29% over the month to 659,498 last month.
Meanwhile, the monthly trading volume FX Prime from OTC forex doubled to more than JPY 12.7 trillion in January, while the daily volume jumped by a monthly 130% to JPY 636.5 billion.
GMO Click Securities also generated a volume of JPY 2.9 trillion from futures trading, and a volume of nearly JPY 2.1 trillion from equity trading. The total number of executed equity trades was 1.89 million last month and the average equity trading volume was JPY 109.1 billion per business day.
FX Prime handled 166,978 OTC forex trading accounts in January. GMO Click Securities’s clients operated 429,887 OTC forex accounts and 321,944 TFX Click365 accounts, as well as 278,767 brokerage accounts, 158,201 binary options accounts, and 52,861 contracts for difference (CFDs) accounts.
Also on Wednesday, Monex Group, another forex brokerage group, said its forex trading volume from global operations amounted to $37.9 billion in January, or up by a monthly 28.5%. Its Daily Average Revenue Trades (DARTs), or the daily number of transactions that generate revenue, also increased by 27% on the month to 359,627 at end-January.
In addition to GMO Click Securities and FX Prime by GMO Corp., The GMO Click group also incudes Hong Kong-based GMO-Z.com Forex HK and GMO-Z.com Bullion HK, and London-based GMO-Z.com Trade UK.
Source: GMO Click Holdings