GMO Click Suffers Decline in October Operating Revenue

[kreslik.news]

Japanese brokerage GMO Click has reported its October 2016 operating revenue, revealing a downturn in performance compared to last month’s figures which had provided some respite from the general downturn seen in the industry during August.

As with last month’s metrics, the figures are not only down this month, but are also lower than those recorded for the same period last year.

Financial Metrics

As per GMO Click’s statement, October operating revenues declined to $18.4 million (¥1.96 billion) compared with last month’s $23.8 million (¥2.47 billion), representing an decrease of almost 21% MoM.

When compared with same period last year in which the operating ... (read more)