Online trading services provider Monex Group, Inc. (TYO:8698) has just published its key operating metrics for April 2016, with the broker no longer reporting global Forex volumes following the transfer of OTC FX accounts offered by the FX companies of TradeStation Group, Inc. to OANDA Corporation and OANDA Australia Pty Ltd in March. Monex’s FX volumes now comprise only the OTC FX volume of Monex, Inc., the Japanese subsidiary of the broker.
Examining the other metrics, we see that Global daily average revenue trades (DARTs) rose 3.9% from March 2016 levels and stood at 299,629 in April 2016. The annual comparison, however, showed a 5.8% drop.
Monex Inc, the Japanese subsidiary of Monex Group, saw DARTs rise 7.6% last month from March 2016 and reach 189,416, whereas the number of active OTC Forex accounts edge higher in monthly terms to 63,507.
The average trade value per business day amounted to JPY 169.8 billion, up 20.1% from the result for March 2016.
TradeStation saw DARTs slide 1.6% on a monthly basis to 110,929.
You can view the full report from Monex by clicking here.