Monex Group FX volumes down 21% in February to ¥156 billion ADV

Japanese online trading company Monex Group Inc. (TYO:8698) has reported its monthly business metrics for the month of February 2017, indicating a general decrease in activity from January.

Overall at Monex, the number of Daily Average Revenue Trades (DARTs – the number of trades and transactions per day which generate revenue) was 262,809 in February – down 4% MoM.

In Monex’s OTC FX business, average trade value per business day was down 21.5% to ¥155.8 billion. The number of active FX accounts was down slightly to 65,441 from 66,058 in January.

To see the complete Monex disclosure report for February 2017 click here (pdf).

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