Monex sees global Forex volumes surge 30.5% MoM in December 2015 LeapRate

January 06, 2016 BY Maria Nikolova

Monex sees global Forex volumes surge 30.5% MoM in December 2015

Monex Group, Inc. (TYO:8698) has earlier today posted its operating metrics for December 2015, with global Forex volumes and daily average revenue trades (DARTs) markedly rising from subdued levels seen in November 2015. Global Forex volumes, that is Forex volumes across all Monex’s subsidiaries, amounted to $29.5 billion last month, up 30.5% month-on-month. The result,…

January 04, 2016 BY Maria Nikolova

Monex appoints Nana Otsuki as Exec Director, Chief Analyst

Japanese Forex broker Monex Inc, a subsidiary of Monex Group, Inc. (TYO:8698), today announced that it has appointed Nana Otsuki as executive director and chief analyst, effective from January 1, 2016. Ms Otsuki was ranked second among bank analysts in Japan by Nikkei Veritas in 2015. She joins Monex from Merrill Lynch Japan Securities Co.…

December 22, 2015 BY Maria Nikolova

Japan's Forex Crown to change name to Forex Exchange

Japanese retail FX broker Forex Crown today unveiled plans to change its name, in a move set to “revive the corporate image”. As of January 15, 2016, the name of the company will be Forex Exchange Co., Ltd. The change is set to become effective several days after the broker stops supporting WinFX, a service…

December 16, 2015 BY Maria Nikolova

Arena-FX relaxes margin requirements for CAD/JPY, CAD/CHF

Japanese Forex broker Arena-FX today announced a set of pending changes to margin requirements for selected instruments. And while two currency pairs with the Canadian dollar – CAD/JPY and CAD/CHF, are about to enjoy relaxed margin requirements, the company is increasing more than twofold the margin requirements for two pairs with the South African rand –…

December 15, 2015 BY Maria Nikolova

GMO Click axes spreads on GBP/USD, AUD/USD, NZD/JPY

Spread cutting continues across Japanese Forex brokers. Just a day after DMM.com Securities said it was reducing the spreads on eight currency pairs, another Japanese Forex broker added to the group of companies seeking to attract more traders via lucrative trading conditions. GMO Click Securities, part of GMO Click Holdings Inc (TYO:7177), today announced it is…

December 14, 2015 BY Maria Nikolova

Japan's DMM.com cuts spreads on 8 currency pairs

Japanese online trading services provider DMM.com Securities is cutting spreads on selected currency pairs starting from today. The move will affect eight trading instruments, including: NZD/JPY, GBP/USD, AUD/USD, NZD/USD, USD/CAD, EUR/GBP, EUR/AUD, GBP/AUD. EUR/AUD trades will enjoy the steepest spread reduction – from 2.3 pips to 1.6 pips, whereas the reduction for GBP/USD and AUD/USD…

December 12, 2015 BY Maria Nikolova

Invast Securities sees revenues hit lowest level since August 2014

Japanese online trading company Invast Securities Co., Ltd. (TYO:8709) on Friday published its financial metrics for November 2015, with the numbers showing a continued month-on-month drop in revenues. Invast said its operating revenues for November 2015 amounted to JPY 244 million ($2.01 million), the weakest reading since August 2014. The result for last month was…

December 12, 2015 BY Maria Nikolova

GMO Click registers 7.3% MoM drop in operating revenues in November 2015

GMO Click Holdings Inc (TYO:7177), the parent company of Japanese online trading giant GMO Click Securities, on Friday posted its monthly financial report for November 2015. The data showed continued slide in operating revenues, which totalled JPY 2.04 billion ($16.8 million) in November 2015, the lowest mark since the start of GMO's fiscal year. The…

December 09, 2015 BY Maria Nikolova

Yahoo's Gulliver FX Annual Report: £2.96M in losses, poor customer growth

Gulliver FX Limited, the UK Forex broker owned by Yahoo Japan Corporation (TYO:4689), has just filed its financial report for the full year to March 31, 2015, shedding light on the circumstances that led it to the decision to cease operations. To summarize these reasons: highly competitive environment in the UK, hefty trading losses, lack…

December 04, 2015 BY Maria Nikolova

Japan's broker Forex Crown to terminate offer of WinFX platform

Japan's retail Forex broker Forex Crown today announced that it is about to terminate offering of the WinFX platform for Forex margin trading. Customers have to close all of their open positions on the platform before market close on December 31, 2015. After that, the company will close all of the positions left open. The…

Tag: japanese forex broker