Monex Group, a Japanese forex brokerage group, posted a consolidated operating revenue of JPY 4.3 billion in November 2015, the group said last week. The figure represents a slight increase of 2.3% from the previous month and a drop of 3.7% over the year.
The group’s consolidated financial expenses amounted to JPY 426 million in November, up from JPY 301 million in October. 
In the first quarter of fiscal year 2016, ending 31 March, 2015, Monex Group had a consolidated operating revenue of nearly JPY 14.2 billion, while in the second quarter it saw an operating revenue of some JPY 14.8 billion.
Earlier this month Monex Group said its trading volume from global operations was $22.6 billion in November, or down by a monthly 20% and by 59% on the year. This was the lowest figure the group has generated since the beginning of 2015.
In comparison, another two Japanese brokers, GMO Click Holdings and Invast Securities, reported declining financial metrics in November. The operating revenue of GMO Click Holdings fell to slightly over JPY 2 billion in November, which is the lowest amount since the beginning of the current fiscal year, ending 31 March, 2016. Invast Securities also saw in November its lowest operating revenue of JPY 244 million so far this year.
The Monex group consists of the Japan-registered holding company Monex Group Inc and its subsidiaries Monex Inc, Monex Ventures, and TradeStation Corporations, all registered in Japan, as well as TradeStation Group, which is in charge of the group’s operations in North America and Europe, and Monex International Ltd, aka Monex BOOM Group, which is in charge of the Asian market.
Source: Monex Group
