Monex Group sees global Forex volumes drop 8.6% MoM in July 2015

Monex Group, Inc. (TYO:8698), the international group of retail Forex brokers, has earlier today reported its key operating metrics for July 2015.

The last mont turned out to be a slow one for the broker, with Forex volumes staging a drop when compared to levels seen in June 2015, when the group enjoyed a 22.4% jump in Forex turnover. In the face of declining trading volumes in July 2015, however, daily average revenue trades across all of Monex’s subsidiaries rose in monthly terms.

But let’s check out the particular numbers.

  • Global Forex volumes amounted to $38.5 billion, down 8.6% from $42.1 billion in June 2015 and up 33% from July 2014.
  • Global daily average revenue trades (DARTs) totaled 309,814 in July 2015, up from 304,013 in June 2015 and up from 294,064 in July 2014.
  • Monex Inc. – the Japanese subsidiary of Monex Group, saw the number of active OTC Forex accounts broadly unchanged from June 2015 levels. DARTs amounted to 196,370, up in annual and monthly terms.
  • TradeStation, the US business of Monex Group, saw DARTs total 114,068 in July 2015, up from June 2015 levels, but markedly down from 143,404 seen in July 2014.

monex_vol_chart_14-15

To view the official announcement by Monex on its July 2015 metrics, click here.

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