July 03, 2014 BY Mike Fox
Monex June FX volumes, $31.5B, down slightly from May and slowest month since 2012
Monex Group, Inc. today reported their monthly business metrics of its subsidiaries in June 2014.
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April 22, 2014 BY Andrew Saks-McLeod
MONEX Inc releases annual results - commission revenue doubles, exchange-traded FX takes a tumble
Despite MONEX Inc having doubled its brokerage commission revenue compared with the previous financial year, its overall revenues and net income during the initial part of 2014 is the lowest since early 2013. MONEX Inc, a major wholly-owned subsidiary of Japanese giant MONEX Group, has today released its financial results for the fiscal year ended…
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April 03, 2014 BY Gerald Segal
Monex sees March volumes drop 8% to $40B, gets new major shareholder
As Monex's FX trading volumes continue to dwindle, regional bank Shizuoka Bank buys Orix Corp's 20% stake in Monex for ¥24.4B ($237M). At a time when its FX trading volumes continue to fall (see chart below), mid-size Japan retail FX broker Monex Group (TYO:8698) is seeing a change at the top. Japanese regional bank Shizuoka Group is getting…
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March 05, 2014 BY Gerald Segal
February volumes at Monex – lower by 17%
The rebound has ended – Japanese investors’ risk appetite has been fading throughout the month Japanese Monex Group has just reported trading volumes for the month of February. With figures dropping by 17% over last month to ¥139 billion ($1.36 billion) we can conclude the volumes recovery theme for now. As the imminent sales tax-hike…
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February 05, 2014 BY Gerald Segal
January volumes continue trending higher at Monex - up 20%
Monex nails a great start to the year continuing solid rebound since October 2013 Monex Group has just published January trading volumes on its website and the results are promising - activity has picked up by 20% on last month's already impressive rebound. The amount of average daily transactions has reached ¥167 billion ($1.65 billion) in…
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January 08, 2014 BY Gerald Segal
Monex Group reports December volumes taking off, up 27%
Familiar Japanese Yen volatility theme leads to the best month for the second half of 2013 Monex Group has announced in a press release a substantial rebound in volume metrics, cementing the yen volatility story that we brought up with the release of GMO Click’s numbers yesterday. The company reports volumes rose by 27% over…
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December 04, 2013 BY Gerald Segal
Monex Group Japan sees 11% rise in November forex volume metrics, to $25 billion
However volumes at the Japanese retail forex broker remain well below first half of the year levels. Continuing our theme of improving trading volumes in November, mid-size Japanese retail forex broker Monex Group (which also owns TradeStation and IBFX in the US), reported November average daily forex trading volumes of ¥110.6 billion, up 11% from October.…
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November 06, 2013 BY Gerald Segal
Monex Group Japan sees lowest forex volumes of the year in October, at $22 billion
After revenues drop 27% in Q3 at Monex, things are even slower in October. Monex Group of Japan, a mid-size Japanese forex broker which also owns TradeStation and IBFX in the US, reported October average daily forex trading volumes of ¥99.856 billion, down 25% from September. The ¥99.856 billion figure translates into total monthly volumes of $22…
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