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…
Read moreMonex 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…
Read moreJapanese 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…
Read moreJapanese 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…
Read moreOnline 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…
Read moreInternational provider of online trading services Monex Group, Inc. (TYO:8698) has earlier today published the findings of The Twentieth Monex Global Retail Survey, conducted from February 24, 2016 to March 7, 2016. The latest edition of the survey, covering investors in Japan, China (Hong Kong) and the United States, paid special attention to the potential…
Read moreMonex 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…
Read moreTradeStation 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…
Read moreOnline trading services provider Monex Group, Inc. (TYO:8698) has just published its operating metrics for February 2016, with global Forex volumes continuing to rise after a strong January, but daily average revenue trades (DARTs) staging a small drop in monthly terms. Global Forex volumes, that is Forex volumes across all of Monex’s subsidiaries, amounted to…
Read moreTalking of the consolidation that has taken hold of the US Forex market is hardly bringing any news. Today saw one more piece of proof in this respect, as provider of online trading services OANDA has just announced an agreement to acquire all of the forex accounts of IBFX, Inc. (TradeStation Forex), in a transaction…
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