The financial industry is presently engulfed in a tide of globalization. It is impossible to discuss financial products, whether they are foreign exchange (FX) margin trading, alternative investment that invests in overseas hedge funds or mutual funds composed of emerging markets stocks, without referring to the global economy and global financial market trends. And while concern exists within the domestic market over deceleration of economic growth, the declining birthrate and the rapidly aging population, there are countries and markets throughout the world whose economies are growing rapidly. As an online financial institution seeking further growth, we believe it is imperative to roll out new financial businesses in such regions.
In August 2007, Monex established New York-based MBH America, Inc. to engage mainly in research of overseas financial market trends. The United States continues to be the most advanced country in the field of investment. We thus believe it is important from a customer service point of view to gather state-of-the-art financial knowledge and study industry trends, and to incorporate knowledge gained into our investment products and services.
In March 2008, we continued overseas expansion, opening a representative office in Beijing, China, a country that is closely related to Japan in terms of geography and history, and enjoys significant economic growth. Going forward, we will consider introducing Chinese financial products into the Group's lineup, as well as launching a local financial business.
Monex Group is also considering establishment of business bases outside of the United States and China with a view to developing overseas businesses into a core revenue source.
Overseas Subsidiary and Office
MBH America, Inc.
The company gathers and analyzes information on the world's most advanced financial products as well as the wider financial industry to apply the knowledge to business development in Japan and overseas.
| CEO and President | Takashi Oyagi |
|---|---|
| Establishment | August 2007 |
| Capital | US$ 400,000 |
| Business Description | Research of global financial industry trends |
| Location | 1440 Broadway, 23rd Floor, New York, NY10018, USA |
Beijing Representative Office
The office has embarked on full-fledged research into China's financial market, individual investor product preferences and online transaction trends.
| Establishment | March 2008 |
|---|---|
| Business Description | Research on business opportunities in China |
| Location | Wudinghou Street, Xicheng District, Beijing, 100032, P.R. China |
