Japanese Forex broker GMO Click Securities, part of GMO Click Holdings Inc (TYO:7177), has just unveiled its plans to make available the “Click 365 Large” service to its clients.
“Click 365 Large” is a new service at Tokyo Financial Exchange Inc. (TFX), set to launch on November 30, 2015. GMO Click is poised to start offering the service from that same day.
The main aim of the “Click 365 Large”, as its name suggests, is to offer on-exchange FX margin trading to traders who would like to trade larger volumes. The contract size will be 10 times larger than TFX’ current FX margin product “Click 365”. The minimum tick size will be 0.1 pip (except for the EUR/USD pair), finer than the one for “Click 365”, where it stands at 0.5 pip.
The new service will go live with 5 currency pairs: USD/JPY, EUR/JPY, GBP/JPY, AUD/JPY, and EUR/USD.
GMO Click, which has been offering “Click 365” trading since August 2010, hopes that the new offering will also become popular among its clients.
The official announcement on the new service launch can be viewed by clicking here.