TradeStation DARTs down 4% MoM, Monex Group down 8% in May 2016

Online trading services provider Monex Group, Inc. (TYO:8698) has just published its key operating metrics for May 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 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) dropped 8% from April 2016 levels and stood at 274,230 in May 2016. The annual comparison showed an even bigger 17% YoY decline.

The average trade value per business day amounted to JPY 142.8 billion, down 16% from the result for April 2016.

TradeStation saw DARTs slide 4% on a monthly basis to 116,400.

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

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