Monex sees global Forex volumes decrease 19.9% MoM in November

Monex Group, Inc. (TYO:8698) has earlier today posted its operating metrics for November 2015, with the results showing a drop in Forex volumes in both monthly and annual terms.

Global Forex volumes, that is Forex volumes across all Monex’s subsidiaries, amounted to humble $22.6 billion in November 2015, down 19.9% from the result registered in October 2015, which was itself marked by weak Forex trading activity.

The annual comparison did not bring a positive piece of news either, as global Forex volumes dropped 59.2% from the result registered in November 2014.

On the brighter side, global daily average revenue trades (DARTs) edged up in monthly terms, reaching 280,599 in November 2015.

Monex Inc, the Japanese subsidiary of Monex Group, registered a rise in the number of DARTs in monthly terms. They stood at 166,710 in November 2015. The number of active OTC Forex accounts was broadly unchanged at 63,110.

TradeStation Group, the US business of Monex Group, saw DARTs decline month-on-month to 114,622, whereas the number of active client accounts rose slightly to 68,048 at the end of November 2015.


To view the full monthly report from Monex, click here.

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