Monex capital forex

Japanese online trading giant MONEX Group today issued monex announcement detailing the financial impact of the sale of the MT4 accounts of its IBFX subsidiary to US broker FXCM earlier this month. Capital estimates that the deal will result monex a capital loss of USD 16 million JPY 1.

The bulk of forex loss will monex incurred in the second quarter of the fiscal year to the end of March This sheds a light monex the rationale for the disposal of forex MT4 accounts. In the face of the dull financial news, MONEX said forex that it still plans to pay dividends, albeit really small ones, to its shareholders for the second quarter of the fiscal year.

The forecast size is JPY 1. Also on Wednesday, MONEX published its financial performance highlights for Augustwith the numbers failing to bring relief for one more forex. Operating revenues continued to decline: Meanwhile, the gradual phasing out of the MT4 platform at Monex Inc — the Japanese FX broker, gains pace.

The brokerage announced this morning the official halt of the demo MT4 service. The following two tabs change content below.

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