Do not invest more money than you can afford to lose.
Japanese forex brokerage group GMO Click Holdings said on Wednesday it closed the first quarter of the fiscal year, started 1 April,2016, with a preliminary consolidated operating revenue of JPY 7.8 billion. This is 16% higher than the previous quarter. If compared to the same period a year earlier, the figure is slightly up by 0.4%.
The brokerage saw in June its strongest month so far this year and in the previous financial year. It posted last month an operating revenue of slightly over JPY 3.0 billion, posting a growth of 24.2%. over the year. Although in the first quarter of the current fiscal year the broker posted an annual growth just in June, this is a stable start for GMO Click.
Considering the latest trading metrics of GMO Click Securities and FX Prime, two of the group companies, showed good signs, we can expect the group’s financial performance to continue to improve. GMO Click Securities posted in June its third largest trading volume since the beginning of 2016, while FX Prime’s volume more than doubled over the month.
In comparison, Invast Securities, another Japanese-based forex brokerage, also published on Wednesday its financial metrics, which showed an operating revenue to JPY 373 million in June alone. For the April-June period, the broker had an operating revenue of JPY 930 million, which is significantly lower than that of the GMO Click group.
In addition to GMO Click Securities and FX Prime by GMO Corp., the GMO Click group also includes 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
