MONEX reports strong operating performance for the third quarter of the current Japanese fiscal year. Revenues and income were up across global business units despite a fall in trading activity during the latter stage of 2013.
MONEX Group (MONEX), a leading listed Japanese financial services firm has reported its consolidated financial results for the third quarter of the fiscal year ending March 2014 (as per Japanese reporting procedures). The firm issued preliminary results earlier in the week which were reinforced with full details announced in the consolidated results for the period.
The firm saw promising results during the third quarter, with total operating revenue and total income up 7.8% and 9.1% respectively, from figures reported a quarter earlier. The results come on the back of harsh movements in the Japanese yen weakening over 20% throughout 2013, a currency pair favoured by Japanese-based FX traders, the bulk of MONEX’sForex trading client base.
MONEX operates across the globe through its various subsidiaries, as detailed in the financial summary. At its Japanese division, MONEX is classified among the top 5 multi-asset online brokerage firms. According to information from the respective companies, MONEX is the second-largest broker in terms of client assets (as of September 30, 2013).
In addition, during the third quarter the firm saw an uptake in its institutional solutions for brokers and banks operating in the margin trading arena, and provided 16 white labels to firms across 7 countries. In addition, it provided financial institutions in Asia and the Middle East with its multi-asset trading terminal offering; equities, futures and options.
Japan Highlights
In its Japanese subsidiary, MONEX saw an inflow of equity traders coming on the back of new initiatives coupled with the bull rally in global stocks.
MONEX opened 62,000 Nippon Individual Savings Account (NISA) accounts as of December 31, 2013 for domestic Japanese investors. From September 2013, MONEX offered decreased commissions, in addition a function that automatically calculates taxes for Japanese investors. The new initiatives directly impacted the business and increased new account openings and the amount of stocks that were transferred to MONEX during the quarter.
During the quarter MONEX saw an increase in the number of users viewing its selection of webinars, the firm offered a range of topics including; Japanese equity, tax seminars and Chinese equity. There were a total of 29,201 viewers, an increase of 101% from figures reported a quarter earlier.
Total revenue for the firm’s Japanese business was up 11% at $91.6 million.
US Highlights
MONEX operates across different asset classes in the US through its subsidiaries, TradeStation and IBFX offering both exchange traded and OTC instruments.
The firm fared well in terms of assets in custody, in the third quarter MONEX held over $3.5 billion in client assets, with 80,595 trading accounts. MONEX’s TradeStation is among the top 5 US brokers, the firm has 10% of market share (according to data supplied by each brokerage firm) and is on par with E*Trade, however it outperforms its peers significantly with the highest amount of earnings on commission per trade at $1,336, with its closest competitor, TD Ameritrade, earning $218.
In its Global FX division the firm witnessed a slump in revenues in line with declining trading volumes. Revenue was just short of the $15 million mark with trading volumes during the quarter above the formidable $100 billion notional (1 million standard trading lots).
Total revenue for the firm’s US business was down 6.2% at $38.9 million.
China & Hong Kong Highlights
MONEX’s Hong Kong regulated firm, BOOM Securities offers access to over 15 global equity markets, the firm serves traders in Hong Kong and targets mainland China investors through its Beijing representative office. Revenues for the third quarter were up 39% at $0.9 million (HK$7 million).
MONEX is bullish on China with interest in the newly formed Shanghai Pilot Free Trade Zone for foreign investment and FX trading.
Total revenue for the firm’s Chinese and Hong Kong business was up 9.6% at $1.4 million.
The next steps
MONEX’s future strategy is twofold, on the one hand, the firm wants to further establish its current product offering and consolidate its businesses, the firm has offered its multi-asset TradeStation platform to investors in its Japanese and Hong Kong units. In addition it aims to consolidate its Global FX Liquidity pool to increase profitability.
On the other hand, MONEX aims to streamline its business operations with cost reduction its key focus going forward. In its financial summary it states that it aims to reduce over $22 million by 2018.
MONEX’s results are in line with competing firms operating in the margin FX environment, however, the interesting point relating to MONEX in comparison to other brokers is the stock and futures brokerage unit that deals in listed instruments. Since the bull rally across Europe and USA, investors have favoured blue-chip stocks, hence the increase in revenue and profitability at the Tokyo-based firm. Rival GMO Click saw positive results for the third quarter, as reported earlier this week.
Market analysts believe the yen will stay around the 100-105 market during 2014, as a weaker yen supports growth in Japan, driven by the large export market. Could the yen weakness maintain interest among the Mrs. Watanabe traders?
MONEX Group (MONEX), a leading listed Japanese financial services firm has reported its consolidated financial results for the third quarter of the fiscal year ending March 2014 (as per Japanese reporting procedures). The firm issued preliminary results earlier in the week which were reinforced with full details announced in the consolidated results for the period.
The firm saw promising results during the third quarter, with total operating revenue and total income up 7.8% and 9.1% respectively, from figures reported a quarter earlier. The results come on the back of harsh movements in the Japanese yen weakening over 20% throughout 2013, a currency pair favoured by Japanese-based FX traders, the bulk of MONEX’sForex trading client base.
MONEX operates across the globe through its various subsidiaries, as detailed in the financial summary. At its Japanese division, MONEX is classified among the top 5 multi-asset online brokerage firms. According to information from the respective companies, MONEX is the second-largest broker in terms of client assets (as of September 30, 2013).
In addition, during the third quarter the firm saw an uptake in its institutional solutions for brokers and banks operating in the margin trading arena, and provided 16 white labels to firms across 7 countries. In addition, it provided financial institutions in Asia and the Middle East with its multi-asset trading terminal offering; equities, futures and options.
Japan Highlights
In its Japanese subsidiary, MONEX saw an inflow of equity traders coming on the back of new initiatives coupled with the bull rally in global stocks.
MONEX opened 62,000 Nippon Individual Savings Account (NISA) accounts as of December 31, 2013 for domestic Japanese investors. From September 2013, MONEX offered decreased commissions, in addition a function that automatically calculates taxes for Japanese investors. The new initiatives directly impacted the business and increased new account openings and the amount of stocks that were transferred to MONEX during the quarter.
During the quarter MONEX saw an increase in the number of users viewing its selection of webinars, the firm offered a range of topics including; Japanese equity, tax seminars and Chinese equity. There were a total of 29,201 viewers, an increase of 101% from figures reported a quarter earlier.
Total revenue for the firm’s Japanese business was up 11% at $91.6 million.
US Highlights
MONEX operates across different asset classes in the US through its subsidiaries, TradeStation and IBFX offering both exchange traded and OTC instruments.
The firm fared well in terms of assets in custody, in the third quarter MONEX held over $3.5 billion in client assets, with 80,595 trading accounts. MONEX’s TradeStation is among the top 5 US brokers, the firm has 10% of market share (according to data supplied by each brokerage firm) and is on par with E*Trade, however it outperforms its peers significantly with the highest amount of earnings on commission per trade at $1,336, with its closest competitor, TD Ameritrade, earning $218.
In its Global FX division the firm witnessed a slump in revenues in line with declining trading volumes. Revenue was just short of the $15 million mark with trading volumes during the quarter above the formidable $100 billion notional (1 million standard trading lots).
Total revenue for the firm’s US business was down 6.2% at $38.9 million.
China & Hong Kong Highlights
MONEX’s Hong Kong regulated firm, BOOM Securities offers access to over 15 global equity markets, the firm serves traders in Hong Kong and targets mainland China investors through its Beijing representative office. Revenues for the third quarter were up 39% at $0.9 million (HK$7 million).
MONEX is bullish on China with interest in the newly formed Shanghai Pilot Free Trade Zone for foreign investment and FX trading.
Total revenue for the firm’s Chinese and Hong Kong business was up 9.6% at $1.4 million.
The next steps
MONEX’s future strategy is twofold, on the one hand, the firm wants to further establish its current product offering and consolidate its businesses, the firm has offered its multi-asset TradeStation platform to investors in its Japanese and Hong Kong units. In addition it aims to consolidate its Global FX Liquidity pool to increase profitability.
On the other hand, MONEX aims to streamline its business operations with cost reduction its key focus going forward. In its financial summary it states that it aims to reduce over $22 million by 2018.
MONEX’s results are in line with competing firms operating in the margin FX environment, however, the interesting point relating to MONEX in comparison to other brokers is the stock and futures brokerage unit that deals in listed instruments. Since the bull rally across Europe and USA, investors have favoured blue-chip stocks, hence the increase in revenue and profitability at the Tokyo-based firm. Rival GMO Click saw positive results for the third quarter, as reported earlier this week.
Market analysts believe the yen will stay around the 100-105 market during 2014, as a weaker yen supports growth in Japan, driven by the large export market. Could the yen weakness maintain interest among the Mrs. Watanabe traders?
Aussies on CMC Invest Traded Local Stocks Six Times More Than US-Listed Ones
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
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In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
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We close with a practical question: how retail investors can actually use AI without falling into common traps.
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We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
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We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
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🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
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#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
