However volumes at the Japanese retail forex broker remain well below first half of the year levels.
Continuing our theme of improving trading volumes in November, mid-size Japanese retail forex broker Monex Group (which also owns TradeStation and IBFX in the US), reported November average daily forex trading volumes of ¥110.6 billion, up 11% from October. The ¥110.6 billion figure translates into total monthly volumes of $25 billion for Monex.
Despite the improvement, Monex volumes metrics are now down 54% (!!) from their peak earlier this year, when Monex reported forex trading volumes of $54 billion in April.