Monex sees global Forex volumes surge 30.5% MoM in December 2015

Monex Group, Inc. (TYO:8698) has earlier today posted its operating metrics for December 2015, with global Forex volumes and daily average revenue trades (DARTs) markedly rising from subdued levels seen in November 2015.

Global Forex volumes, that is Forex volumes across all Monex’s subsidiaries, amounted to $29.5 billion last month, up 30.5% month-on-month. The result, however, lagged behind the one registered in December 2014, when global Forex volumes amounted to $53.9 billion. The December 2015 reading was 45.3% lower than the reading for December 2014.

Global daily average revenue trades (DARTs) rose in monthly terms and reached 282,969 in the end of December 2015.

Monex Inc, the Japanese subsidiary of Monex Group, registered a rise in the number of DARTs in monthly terms. They amounted to 173,662, up from 166,710 in November 2015. The number of active OTC Forex accounts was virtually unchanged at 63,225.

TradeStation Group, the US business of Monex Group, saw continued slowdown in trading activity last month, as DARTs fell month-on-month to 110,051. On the brighter side, the number of active client accounts rose slightly to 68,149 at the end of December 2015.


You can view the full announcement from Monex by clicking here.

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