Provider of online trading services Monex Group, Inc. (TYO:8698) has earlier today posted its preliminary financial results for January 2016, with revenues marking a little change from December 2015 levels, but the company managing to post a substantial drop in expenses. Monex reported monthly operating revenues of JPY 4.38 billion ($38.7 million) for January 2016.…
Read moreMonex Group, Inc. (TYO:8698), the online trading services provider with operations in the US, Japan and China, has earlier today posted its detailed financial report for the third quarter of the fiscal year to March 31, 2016. The final results confirm LeapRate's earlier report showing that the Group registered a net loss in the three months…
Read moreMonex Group, Inc. (TYO:8698) has earlier today posted its preliminary financial metrics for the third quarter of its fiscal year to the end of March 2016, with numbers pointing to a loss for the three-month period and to a quarter-on-quarter drop in revenues. Total operating revenues for the quarter to December 31, 2015 amounted to…
Read moreMonex Group, Inc. (TYO:8698) has earlier today posted its operating metrics for November 2015, with the results showing a drop in Forex volumes in both monthly and annual terms. Global Forex volumes, that is Forex volumes across all Monex's subsidiaries, amounted to humble $22.6 billion in November 2015, down 19.9% from the result registered in…
Read moreOnline trading services provider Monex Group, Inc. (TYO:8698) today announced that its Japanese brokerage Monex, Inc., will terminate an outsourcing contract regarding data system operation for the purpose of replacing its backbone brokerage system. The company also noted that certain expenses will be incurred as a result of the decision to terminate the outsourcing contract.…
Read moreThe reshuffle at the management ranks of Monex Inc, a subsidiary of online trading services provider Monex Group, Inc. (TYO:8698), keeps gathering pace... Monex Inc has earlier today announced that Keiji Okamoto, currently Executive Director at the Forex broker, will assume the roles of Executive Director, General Manager, Investment Services Department. The change is effective…
Read moreMonex Group, Inc. (TYO:8698) has earlier today posted its operating metrics for October 2015, with the numbers pointing to sharp drop in Forex volumes from September 2015, when the results were already subdued, as well as to a steep decrease from exceptionally solid October 2014. We should, of course, mention that the results Monex reported…
Read moreJapanese retail Forex broker Monex FX, part of Monex Group, Inc. (TYO:8698), has earlier today announced the launch of a spread reduction campaign. The campaign, to run from November 2, 2015 to December 19, 2015, will benefit users of Monex FX Premium. In particular, spreads will be cut on positions with four currency pairs: USD/JPY,…
Read moreJapanese online trading services provider Monex Group, Inc. (TYO:8698) has earlier today reported its preliminary financial metrics for the second quarter and the first half of its fiscal year to the end of March 2016. The set of results is rather solid, especially when compared with the same period a year earlier when the company…
Read moreAs more Forex brokers seek to educate their existing and potential clients about the peculiarities of the market, Monex adds its weight to the trend by launching a microsite introducing traders to technical analysis.
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