GMO Click’s December Statistics Plunge, FXNeo Vols at 2014 Lows
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GMO Click’s December Statistics Plunge, FXNeo Vols at 2014 Lows
GMO Click has released its latest disclosure of monthly trading volumes for the month ending December 2017. Of particular note was that the FXNeo platform’s volumes plunged to a new yearly low, underscoring the weakest reading in a month at the venue since 2014.
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Volumes were largely lower across most other brokerages in the industry, with Japan being no exception. Most venues saw a consolidation of FX trading volumes during December, given the lack of volatility and market drivers. Markets were seemingly in hibernation ... (read more)
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