Monex Group monthly FX volumes continue the tumble lower


Japanese online trading company Monex Group Inc. (TYO:8698) has reported its monthly business metrics of its subsidiaries in April 2017 and the results don’t look so good.

The number of Daily Average Revenue Trades (DARTs – the number of trades and transactions per day which generate revenue) was 245,558 in April – down 4.72% from March.

In Monex’s OTC FX business, average trade value per business day was ¥95,000 billion. The numbers obviously continue dropping – in March the plunge was down with 30.2% to ¥108,692 billion.

The number of active FX accounts was also down to 64,943 in April.

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

Related News

arrow

Monex Group monthly FX volumes continue the tumble lower

4

Send this to a friend