Monex Group monthly FX volumes finally up 10% MoM

Monex teams up with Shizuoka Bank to launch financial instruments intermediary services

Japanese online trading company Monex Group Inc. (TYO:8698) has reported its monthly business metrics of its subsidiaries in May 2017 and the results look promising this time.

The number of Daily Average Revenue Trades (DARTs – the number of trades and transactions per day which generate revenue) finally changed directions and went up 10% MoM to 269,782.

In Monex’s OTC FX business, average trade value per business day was ¥122,731 bln, up 30% MoM.

The number of active FX accounts was also up to 64,777.

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

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