Monex FX Inc. to Merge into Monex Inc., November FX Volumes Higher

According to a company announcement, Monex Group’s subsidiaries Monex FX Inc. and Monex Inc. are going to be merged into a single wholly-owned subsidiary in order to optimize the use of capital resources and cut the company’s expenses in the Japan segment.

The merger is to be completed by February 2015 with Monex FX merging into Monex. The move is not expected to affect the company’s foreign 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 trading services in any way.

Meanwhile, the company has also announced its latest monthly volumes figures with the total amount of global FX volumes rising by five percent when compared to the previous month's figures, to $55.4 billion. This marks the fourth consecutive monthly increase, despite fewer trading days in November.

Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad Read this Term associated with the Japanese yen has been the main driver for the volumes of Japanese brokers this month with GMO Click reporting a flat number yesterday, while major ECNs EBS and KCG Hotspot reported monthly declines.

The number of OTC FX accounts has also risen marginally, with 63,085 reported.

The company has also announced figures detailing the dealings of its US subsidiary TradeStation. The number of active accounts has increased by 600 throughout the month, with the number of revenue generating trades per day declining materially by 15.6% to 122,875. This number includes stocks, futures, options and OTC FX transactions.