Monex registers 3.4% MoM drop in Global FX volumes in May

Monex Group, Inc. (TYO:8698) has earlier today reported the operating metrics for all of its subsidiaries, including its Japanese business Monex Inc, as well as Tradestation in the US. Global Forex volumes staged a decline on a monthly basis, obviously driven down by lower activity in the US during last month. At the same time, the Japanese business managed to register a slight rise in daily average revenue trades (DARTs), in the face of the holidays season in Japan in May.

And now, let’s take a look at the particular numbers.

  • Global Forex volumes totaled $34.4 billion in May 2015, down 3.4% from $35.6 billion registered in April 2015. At the same time, the result seen in May 2015 was 4.9% stronger than in May 2014.
  • Global DARTs amounted to 318,237 in May 2015, slightly up from 318,116 seen in April 2015. The rise in annual terms was more pronounced – remarkable 10%.
  • Monex Inc, the Japanese retail Forex subsidiary of Monex Group, saw active OTC FX accounts of 63,535 in May 2015, virtually unchanged from April 2015 levels. DARTs rose by 3% from April 2015 and totaled 200,658.
  • At TradeStation, DARTs fell in May 2015. They totaled 117,754 last month, down 4.6% from April 2015. On the brighter side, total client assets at the broker rose by 2% from April 2015 levels and reached $4.07 billion.


To learn more about Monex’s performance in May 2015, click here.

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