Tag: Monex

May 09, 2016 BY Maria Nikolova

Monex reports 3.9% MoM rise in Global DARTs in April 2016

Online trading services provider Monex Group, Inc. (TYO:8698) has just published its key operating metrics for April 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, Inc. to OANDA Corporation and OANDA Australia Pty Ltd in March. Monex's FX volumes…

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April 29, 2016 BY Maria Nikolova

Japanese FX broker Monex to stop offering Tradable platform

Monex Inc, the Japanese Forex subsidiary of Monex Group, Inc.(TYO:8698), has announced its plans to terminate the support of trading platform Tradable, which it started offering in November 2014. The end of the service is scheduled for July 29, 2016. The rationale for the move includes “various circumstances”. Monex says customers will be able to…

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April 05, 2016 BY Maria Nikolova

Monex partners with Broadridge over equity and investment trust processing

Japanese Forex broker Monex Inc, part of Monex Group, Inc. (TYO:8698), has selected JASDEC (Japan Securities Depository Center, Inc.) Processing Solution of Broadridge Financial Solutions, Inc. (NYSE:BR) to support its Japanese equity and investment trust processing business. The collaboration will enable Monex to enhance its retail trading and client services and further develop its growth…

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April 01, 2016 BY Maria Nikolova

Monex extends spread reduction campaign

Japanese retail Forex broker Monex FX, part of Monex Group, Inc. (TYO:8698), has extended the period of its latest spread reduction campaign until the end of April 2016. The campaign started in February this year and was set to end today – April 1, 2016, but the broker decided to prolong the offer until April…

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March 22, 2016 BY Maria Nikolova

Monex sees revenues drop 6.4% MoM in February 2016

Online trading services provider Monex Group, Inc. (TYO:8698) has earlier today posted its preliminary revenue metrics for February 2016, with revenues last month failing to match levels registered in January 2016 and February 2015. The broker reported monthly operating revenues of JPY 4.1 billion ($36.8 million), a result which is down 6.4% from the reading of…

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March 08, 2016 BY Maria Nikolova

Monex axes spreads on 13 currency pairs on tradable platform

Monex Inc, the Japanese Forex broker which is a part of Monex Group, Inc. (TYO:8698), has announced a spread-cutting campaign that will cover positions in 13 currency pairs on tradable. The campaign started on March 7, 2016, and will last until April 30, 2016. The company notes that it may extend the spread-cutting period, in…

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March 07, 2016 BY Mike Fox

Monex's TradeStation Group announces new president

TradeStation Group, Inc, the parent company of online securities, futures and forex brokerage firms and trading technology companies today announced that Salomon Sredni will retire as President and CEO and from the board of directors effective March 31, 2016 and that John Bartleman, President of TradeStation Securities, a licensed securities broker-dealer and a registered futures…

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