GMO Click, the largest brokerage in Japan by volumes, has revealed its financial metrics for the month ending July 2015, according to a GMO CLICK statement.
Earlier this August, , which generated a total of $983 billion, corresponding to a loss of -9.5% MoM from June. However, the figure is a steadfast improvement from its 2014 equivalent, surging 146% YoY from July 2014.
However, for the month ending July 2015, GMO Click’s financial metrics also witnessed a deterioration in its operating revenues, having come in at only $19.1 million (¥2,379 million) – this figure shows a decline of -3.0% MoM from $19.7 million (¥2,432 million) reported in June 2015.
Furthermore, GMO Click has now seen a successive decline in four straight months, having had its volumes wither from a high of $22.1 million in April 2015. The trend is largely on par with the rest of the FX industry, albeit in other regions, with many brokers grappling with market tranquility and a cessation of volatility just one month after a lingering Greek debt crisis.
GMO Click also recently made headlines when the group . It remains to be seen if the account growth corresponds to higher revenues and volumes however, two trends that have thus far been pointed downward.
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