GMO Click Sees Dramatic Decline in Trading Volume After Uptick in Q1
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GMO Click Sees Dramatic Decline in Trading Volume After Uptick in Q1
Japanese broker GMO Click (GMO) released its report on trading activity in April of 2018 today. The firm saw a precipitous decline in its over-the-counter (OTC) FX trading volumes, despite an increase in the number of user accounts.
In December of 2017, GMO saw a drastic cut in trading volumes as it finished the year with its lowest monthly trading volumes since August 2014. The broker bounced back in the first quarter of this year but seems to have hit a slump in April.
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