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Screenshot of a breaking news alert e-mail from Q2 2017
Monex Group, Inc. (TYO:8698) today reported the monthly business metrics of its subsidiaries in June 2015. Total Forex volumes for the group eclipsed the $40 billion handle ($42.1 billion) to record a 22.4% increase MoM from May’s $34.4 billion. There were 22 trading days in June compared to 18 in May, moreover June volumes have been buoyed by volatility in the markets concerning the Greece debt crisis.
Closing 1H 2015 out on a good note, this was the second highest month in FX volumes for Monex since January’s bullish $51 billion reading. YoY numbers look better as well when compared to last year’s low volatility summer… June 2015 volume was 33.7% higher than 2014’s 31.5 billion.
One interesting notable from the report was June’s average trade value was much higher than the previous few months, coming in at 192,542 (in million yen) up from May’s number of 182,927 (see table below).
While FX reported a solid month, overall the Daily Average Revenue Trades (DARTs) for the group were down to 304,013 in June from 318,250 in May for a 4.5% decrease.
To check out the full report from Monex, click here.