Monex Reports Strong FX Trading Volumes for February 2016

[kreslik.news]

Japan’s Monex Group has today reported its business metrics for the month ending February 2016, showing the highest FX trading volumes in the last twelve consecutive months for the firm. The monthly FX trading value for all subsidiaries of Monex Group Inc totaled $42.9 billion in February 2016, up about 33.6% YoY from $32.1 billion in February 2015 and about 13.2% MoM from January’s figure of $37.9 billion.

Taking a closer look at the Monex February report, we can see that the number of OTC FX accounts increased MoM from 221,293 to 222,404 and the number of active OTC FX accounts was ... (read more)