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Monex Group has published its June 2016 business metrics showing a notable increase over May’s figures. Last month saw the Japanese broker experience a marked decline in Daily Average Revenue Trades (DARTs) after reporting figures of 274,230 and continuing along its downward trend since January.
Today’s improved figure of 293,426 represents an increase of 7 percent MoM, although the annual comparison shows a 3.5 percent decrease compared with June 2015’s figures of 304,013.
The broker, which recently reported itsMay 2016 revenues of nearly ¥3.62 billion ($34.56 million) which represented a decrease of ¥215 million ($2.05 million) or 5.6% percent ... (read more)