Monex and TradeStation DARTs Shows Mixed Results in February

DARTs across both segments were lower on a year-over-year basis, despite TradeStation notching monthly gains.

Japanese financial services firm Monex Group has reported its monthly tranche of metrics across its Monex Inc and TradeStation Subsidiaries – the latest figures showed a mixed performance across each segment.

Monex’s Daily Average Revenue Trades (DARTs) incurred a decline on a month-over-month basis, falling -4.0 percent to 262,809 in January 2017. This figure is also substantially lower than its previously yearly reading, which was lower by -25.8 percent year-over-year from 354,366 in February 2016.

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The DARTs include trades transacted via Monex Inc’s stock brokerage, futures, options, OTC FX, mutual funds, CFDs on the Tokyo Stock Exchange (TFX) and precious metals. In addition, Monex’s total number of active accounts in February 2017 ticked higher to 1,020,676, edging higher by 2,351 accounts to 1,018,325. The metric was derived from the number of total accounts that have balance and have executed a trade or withdrawal throughout the past year.

In terms of Monex Inc.’s FX trading, this segment declined materially in February 2017 after clients transacted $1.36 billion per day (¥155.8 billion). The number is lower by -21.5 percent when compared $1.73 billion per day (¥198.5 billion) in January 2017, and -23.7 percent year-over-year from $1.78 billion per day (¥204.4 billion) in February 2016.

TradeStation’s DARTs Climb

The number of DARTs at TradeStation during the month of February 2017 was pointed higher, coming in at 99,588, which was good for a rise of 4.3 percent month-on-month from 95,505 in January 2017. The figure is lower when compared to February 2016, having fallen from 138,033, or -27.9 percent year-over-year.

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