Monex sees global FX volumes rise 13% MoM in February 2016, DARTs edge down

Online trading services provider Monex Group, Inc. (TYO:8698) has just published its operating metrics for February 2016, with global Forex volumes continuing to rise after a strong January, but daily average revenue trades (DARTs) staging a small drop in monthly terms.

Global Forex volumes, that is Forex volumes across all of Monex’s subsidiaries, amounted to $42.9 billion, the best reading since January 2015. The result is 13.2% higher than in January 2016 and 33.6% higher than in February 2015.

Global DARTs fell 1.5% month on month to 354,366.

Monex Inc, the Japanese subsidiary of Monex Group, saw a small rise in DARTs, as they reached 217,039 in February 2016. The number of active OTC FX accounts was roughly unchanged from January 2016 at 63,477.

TradeStation Group, the US business of Monex Group, registered DARTs of 138,033 last month, down 4.8% from the reading for January 2016. On the brighter side, the number of active accounts kept rising and reached 68,796 at the end of February 2016.


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

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