Monex Group FX volumes drop continues in March

Japanese online trading company Monex Group Inc. (TYO:8698) has reported its monthly business metrics for the month of March 2017, the decrease from previous months February and January continues.

The number of Daily Average Revenue Trades (DARTs – the number of trades and transactions per day which generate revenue) was 257,717 – down 1.93% MoM.

In Monex’s OTC FX business, average trade value per business day was down with 30.2% to ¥108,692 billion.

The number of active FX accounts was down slightly to 65,175.

To see the complete Monex disclosure report for March 2017, click here.

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