GMO Click Registers Sharp Drop in Trading Volume in Feb 2019, FX OTC Segment Reports Lowest Trading Volume since Aug 2014

gmoGMO Click, the Japanese retail fx brokerage giant has released its monthly trading volume for the month of February 2019. The broker has failed to continue with the momentum it gained in the month of January and has reported a significant drop in trading volume.

The FX over-the-counter (OTC) volumes through GMO Click’s retail forex trading FX Neo platform, came in at ¥504.3 billion. This is the lowest monthly trading volume recorded since August 2014. Compared to the previous month, the volume is 36.5 per cent lower from ¥794.2 billion and 47.4 per cent lower on the yearly timeframe. But in terms of account addition, the total number of account grew by 1.1 per cent to 592,172 accounts.

Coming to trading volumes in Click 365, forex margin trading also experienced a sharp drop, came in at 346, 294 contracts which is 39.1 per cent lower from 222,709 contracts. When compared to the yearly timeframe, the volume figure looks worse as in February 2018, total contracts traded were 722,797 contracts.

In the equity market segment, it managed to avoid the downward trend and recorded a 15.7 per cent month-on-month increase to 48,084 contracts in February 2019. The average trade per day came in at ¥54.4 billion, which is 9 per cent higher from January 2019 volumes at ¥49.9 billion.

Integral FX February 2019 Trading Volume

Institutional forex and CFD trading service provider, Integral FX has reported a second-month decline in trading volumes in February 2019, further adding to the weak performance of the previous month.

In the month of February, the average daily volume came in at $33.3 billion, which is 4 per cent lower on a monthly timeframe from $34.7 billion.

Integral’s Open Currency Exchange (OCX) brings in a wide range of market participants into a single integrated network of liquidity. The broker is also witnessing a steady rise in cryptocurrency trading volumes and has expanded its offering to 14 different virtual currencies, linking 16 different crypto exchanges around the world.