Although MONEX has experienced a similar dynamic in declining trading volumes to that of other retail FX firms since the beginning of 2014, April's figure is 18% lower than March 2014, and the lowest since over one year ago.
Read moreMONEX Group rebrands its venture capital enterprise in a move to concentrate further on investing in innovative start ups, a timely move for the conglomerate which today reported increased revenue figures for the year ending March 31, 2014 Japanese FX conglomerate MONEX Group (TYO:8698) has today announced that it is strengthening its corporate venture capital effort thorough…
Read moreDespite 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…
Read moreAfter 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…
Read moreThe cause? Falling trading volumes in July-August-September at the Japanese forex broker. Monex Group of Japan (TYO:8698), a mid-size Japanese forex broker which also owns TradeStation and IBFX in the US, reported Q2-2014 results today (Monex's fiscal year ends March 31) which, as expected, showed a sharp drop in both revenues and profits. In the…
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