Monex Group reports just ¥160M (USD $1.4M) of negative client balances, no Swiss Franc material impact LeapRate

January 19, 2015 BY LeapRate Staff

Monex Group reports just ¥160M (USD $1.4M) of negative client balances, no Swiss Franc material impact

Japanese retail forex broker Monex Group, Inc. (TYO:8698) has released a statement indicating that it experienced no material negative financial impact from last week's Swiss Franc volatility. Monex did experience some clients with negative equity balances, but those totaled just 0.2% of the firm's assets, or about ¥160 million (USD $1.4 million) of negative balances. The…

April 30, 2014 BY Andrew Saks-McLeod

Meitan Tradition becomes wholly owned subsidiary of Tradition

Switzerland's Compagnie Financiere Tradition has today announced that it has purchased the remaining share of is Japanese joint venture partner Swiss interdealer broker Compagnie Financiere Tradition (CFT:SIX Swiss Ex) has announced today that after a long and successful partnership with its joint venture partner in Japan, Central Tanshi, both entities have agreed to reorganize the ownership…

March 27, 2014 BY Andrew Saks-McLeod

MONEX emphasizes value of customer engagement by launching new department

Japanese FX conglomerate MONEX Inc creates Service Operations Department and appoints Tomoyuki Ishibashi to lead position Japanese FX giant MONEX Group has today announced that its subsidiary MONEX Inc has made two changes within its senior personnel, as well as establishing a new division within the firm. For the purpose of maintenance and management of…

December 04, 2013 BY Gerald Segal

GMO Click reports lowest volumes for the year - down 12% in November

While still higher than a year ago the trend is not reversing and volumes keep grinding lower The gradual pullback of Japanese retail investors form the forex market keeps on going. Volumes at the largest retail forex broker in Japan GMO Click have dropped by 12% in November to mark a decline to 52.2 trillion…

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.…

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…

November 05, 2013 BY Gerald Segal

GMO Click October forex volume dip below $600 billion for first time in 2013

October volume metrics of $597 billion at Japan's largest retail forex broker are down 6% from September. Japanese retail forex traders' enthusiastic return to trading in 2013 seems to have waned somewhat in the second half of the year... GMO Click, Japan's largest retail forex broker, has reported October trading volumes of ¥59.1 trillion, or about…

October 04, 2013 BY Gerald Segal

Monex Group Japan September forex volumes up 18% to $26 billion

Monex volume metrics still well below January-June levels, but more than double last year. Monex Group of Japan, a mid-size Japanese forex broker which also owns TradeStation and IBFX in the US, reported September forex trading volumes which rose nicely from slower summer levels, but which were still well below what Monex saw during a…

October 01, 2013 BY Gerald Segal

Japan Forex volumes collapse in September, GMO Click off 20%

Japan's largest retail FX broker sees its lowest volumes since December 2012. Although GMO Click's forex trading volume metrics are still more than double what they were last year, there is a clear slowdown in forex trading in Japan after a record start to the year. GMO Click reported September trading volumes at ¥62.8 trillion, or…

Tag: trade forex in Japan