GMO Click registers 25.8% MoM drop in operating revenues in February 2016
GMO Click registers 25.8% MoM drop explained by professional Forex trading experts the “ForexSQ” FX trading team.
GMO Click registers 25.8% MoM drop
GMO Click Holdings Inc (TYO:7177), the parent of Japanese online trading giant GMO Click Securities, today published its preliminary financial metrics for February 2016, with the month bringing a steep drop in operating revenues.
The drop marked a stark contrast with January 2016, when the company managed to see a sharp rise in revenues.
GMO Click announced operating revenues of ¥1.98 billion ($17.4 million) for February 2016, down 25.8% from the reading of ¥2.67 billion registered in January 2016.
February was a record month for GMO Click’s Forex volumes. The broker reported record OTC Forex volumes of ¥144.2 trillion for February 2016, beating the previous record of ¥140.92 trillion set in January 2015.
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