

Japanese forex brokerage group Monex Group reported on Wednesday its trading volume from global operations increased 30.5% over the month to $29.5 billion in December 2015. The figure, however, represents an annual drop of more than 45%.
The group’s total average revenue trades (DARTs) from global operations saw a slight monthly increase of 0.8%, but declined by an annual 16% to 282,969 per day. DARTs measures the number of trades and transactions per day which generate revenue.
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.
Forex and stock broker Monex Inc registered an average trade value from over-the-counter (OTC) forex activities of JPY 129.3 billion per business day in December. This is nearly 20% more from a month earlier, but 49% lower, compared to the same period a year earlier. The broker’s clients had 220,363 OTC forex accounts in December, of whifh 63,225 were active ones.
Meanwhile, the DARTs of TradeStation Group went down to 110,051 in December, which is a decline of 4% over the month and more than 10% year-on-year. The number of active accounts the broker handled was 68,149 last month.
Two US brokers – Hotspot FX and Interactive Brokers Group, have also posted their monthly metrics for Deccember. Hotspot FX reported a trading volume of $529.8 billion last month and an average daily volume of nearly $24.1 billion. Meanwhile, Interactive Brokers Group had a DARTs of 628,000 in December and 331,000 client accounts.
Source: Monex Group