Monex Group Appoints Akira Inoue as an Executive Director

Monex Group, a Tokyo-based financial services company that operates retail brokerages TradeStation, Monex, Boom Hong Kong, and cryptocurrency Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term Coincheck, announced a series of changes in its management and organizational structure this Thursday.

Effective from February 1, 2019, Monex Group will be removing its investment business office. In the statement released today, the firm does not give a reason as to why it is making this change.

In addition to the abolishment of its investment business office, the Group has also made a series of appointments. The first personnel change sees a new member joining the firm in management, Akira Inoue, who will be an Executive Director at the company. The position will be effective from January 22, 2019.

From the 1st of February 2019, Satoshi Hasuo, who is the current Chief Financial Officer and an Executive Officer for the Monex Group, will take on one extra role - General Manager of the Finance Department.

After less than one month of working with the firm Akira Inoue, who will be joining in January as an Executive Director, will take on another role from February 1, 2019 - General Manager of the Financial Control Department.

Today, the firm also announced a management change in its subsidiary Monex, Inc., a retail brokerage. Namely, on February 1, 2019, the broker will be getting a new Executive Director - Hiroshi Aikawa. Aikawa has not previously held any positions at Monex.

Monex Group subsidiary to launch crypto services

The personnel changes from the Monex Group come just a few days after it announced that its US subsidiary, TradeStation Group, plans to launch its cryptocurrency services later this year under the brand name TradeStation Crypto.

As Finance Magnates reported, there is currently no specified timeframe for the launch of the new platform, but it plans to Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term its brokerage industry expertise to address what it perceives to be “key concerns and certain weaknesses in the current cryptocurrency ecosystem,” it said.