Monex Group Joins Japanese Trend of Declining Trading Volumes
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Monex Group Joins Japanese Trend of Declining Trading Volumes
Japanese brokerage Monex Group has announced its monthly business metrics for the month of July 2017. Up until last month, the company had managed to buck the trend of its Japanese peers and reported positive numbers. However, in July, Monex also seems to have been affected by the same trend.
In July 2017, the group reported 263,329 Daily Average Revenue Trades (DARTs) per business day. This is the average number of trades per day that generated revenue. This represents a fall of 3.06% over the number of DARTs from June 2017 and a fall of 4.27% from the same month last year.
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