Monex sees global Forex volumes drop 8.5% MoM in September 2015

Monex Group, Inc. (TYO:8698) has earlier today published its operating metrics for September 2015, with the results failing to match the robust numbers reported for August 2015, a month marked by high market volatility.

Overall, the results of Monex are in tune with the data reported by the bulk of the Forex industry so far.

Monex’s global Forex volumes amounted to $38.6 billion, down 8.5% from $42.2 billion in August 2015 and down 11.3% from the result of $43.5 billion seen in September 2014.

Global daily average revenue trades (DARTs) totaled 313,592 in September 2015, down from 351,104 in August 2015.

Monex Inc. – the Japanese subsidiary of Monex Group, saw the number of active OTC Forex accounts fall slightly in monthly terms to 63,467. DARTs amounted to 183,682, down 13.5% from the result reported for August 2015.

TradeStation, the US business of Monex Group, saw DARTs total 130,460 in September 2015, down from from August 2015 levels. On the brighter side, the number of active accounts rose slightly in monthly terms to 67,419.

monex_vol_chart_14-15

To view the official announcement from Monex on its September operating metrics, click here.

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