Monex Group Joins the September Volumes Party to Close Q3 on a High
Monday,06/10/2014|04:41GMTby
George Tchetvertakov
A 48% increase in monthly forex trading volume and a 112% boost in average daily trading value allows Monex Group to join the procession of positive performance metrics from across the trading industry.
Monex Group Inc, the Tokyo-based brokerage, today reported trading volumes and metrics for September 2014.
The broker transacted $43.5 billion in Forex transactions during the past month and continues a string of strong volumes announcements from the vast majority of trading venues around the world.
The number of DARTs (Daily Average Revenue Trades) rose from 289,854 in August to 323,299 in September (11.5% increase). In the same month last year, Monex reported 356,631 DARTs - a year-on-year decline of 9.3%.
Global FX trading volumes in September rose 48% compared to August and arrested a broad trend of declines going back to January 2014. However, from a year-on-year perspective, Monex recorded an 8% decline in September. So although business conditions have taken a turn for the better, they have not returned to their same comparative levels as this time last year.
One of the more eyebrow raising facts about Monex's September trading results is the 'trade value per business day'. The broker recorded an average of ¥138 trllion ($1.3bn) in September compared to ¥65 trillion ($593 million) in August- a 112% increase.
It is worth noting that as Forex Magnates reported in early September, the broker will be terminating its service for the MT4 platform by the end of October, having shifted its focus and backing behind Tradable’s platform.
The Wider Ocean
Today’s results from Monex mirror several other positive performance reports specifically for the month of September. The FX market has burst into activity across the board among all retail brokers. The reasons have been multifaceted but directly linked to macro-economic and geopolitical developments including central bank manoeuvring (and expectations of), monetary policy diversion and the Scottish referendum.
With the third quarter of 2014 now complete, brokerages and trading venues across the trading industry have experienced particularly strong trading volumes, new client numbers and business activity.
Forex Magnates has recently published volume metrics for MOEX, DMM, Saxo Bank, CME and KCG Hotspot, all of which show particularly strong performances over the past month and broadly stronger metrics for the third quarter.
Monex Group Inc, the Tokyo-based brokerage, today reported trading volumes and metrics for September 2014.
The broker transacted $43.5 billion in Forex transactions during the past month and continues a string of strong volumes announcements from the vast majority of trading venues around the world.
The number of DARTs (Daily Average Revenue Trades) rose from 289,854 in August to 323,299 in September (11.5% increase). In the same month last year, Monex reported 356,631 DARTs - a year-on-year decline of 9.3%.
Global FX trading volumes in September rose 48% compared to August and arrested a broad trend of declines going back to January 2014. However, from a year-on-year perspective, Monex recorded an 8% decline in September. So although business conditions have taken a turn for the better, they have not returned to their same comparative levels as this time last year.
One of the more eyebrow raising facts about Monex's September trading results is the 'trade value per business day'. The broker recorded an average of ¥138 trllion ($1.3bn) in September compared to ¥65 trillion ($593 million) in August- a 112% increase.
It is worth noting that as Forex Magnates reported in early September, the broker will be terminating its service for the MT4 platform by the end of October, having shifted its focus and backing behind Tradable’s platform.
The Wider Ocean
Today’s results from Monex mirror several other positive performance reports specifically for the month of September. The FX market has burst into activity across the board among all retail brokers. The reasons have been multifaceted but directly linked to macro-economic and geopolitical developments including central bank manoeuvring (and expectations of), monetary policy diversion and the Scottish referendum.
With the third quarter of 2014 now complete, brokerages and trading venues across the trading industry have experienced particularly strong trading volumes, new client numbers and business activity.
Forex Magnates has recently published volume metrics for MOEX, DMM, Saxo Bank, CME and KCG Hotspot, all of which show particularly strong performances over the past month and broadly stronger metrics for the third quarter.
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Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
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We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
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We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
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Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
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We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
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We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
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Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
