Major Business Metrics of Subsidiaries

Notes:
1. Due to the ongoing preparations for the listing of TradeStation, the monthly disclosure of the TradeStation Group may be delayed.
2. At the time of the business metrics disclosure for January 2022, Coincheck, Inc. reviewed and changed its calculation method of monthly trading value to better reflect the actual business performance. Previously disclosed figures in the table below from April 2020 to December 2021 have been modified based on the new method accordingly.

Monex, Inc.
Monthly Trade Value
(Billion yen)
TradeStation Group, Inc.
Daily Average Revenue Trades*
(Number of trades)
Coincheck, Inc.
Monthly Exchange Trading Value
(Million yen)
Coincheck, Inc.
Monthly Market-place Trading Value
(Million yen)
May. 2022 1,301.8 241,336 323,442 26,171
Apr. 2022 1,216.6 226,760 247,033 18,822
Mar. 2022 1,776.8 232,104 323,390 25,047
Feb. 2022 1,411.5 242,846 267,740 17,921
Jan. 2022 1,489.3 239,227 267,775 23,608
Dec. 2021 1,468.1 202,857 366,859 28,536
Nov. 2021 1,628.0 231,653 492,229 45,579
Oct. 2021 1,496.9 210,529 619,845 40,573
Sep. 2021 1,818.7 209,704 445,137 54,511
Aug. 2021 1,262.5 197,460 453,357 38,017
Jul. 2021 1,177.9 202,925 286,323 21,912
Jun. 2021 1,476.5 213,008 482,483 29,854
May. 2021 1,258.1 213,286 809,848 109,128
Apr. 2021 1,462.6 217,317 523,215 133,741
Mar. 2021 1,974.1 271,075 576,665 87,857
Feb. 2021 1,852.2 287,875 706,949 108,809
Jan. 2021 1,650.3 273,166 787,982 87,376
Dec. 2020 1,589 237,796 386,999 47,828
Nov. 2020 1,524.4 249,533 332,608 34,665
Oct. 2020 1,331.7 231,096 118,711 8,902
Sep. 2020 1,375.2 255,006 125,476 16,761
Aug. 2020 1,372.3 202,220 176,112 17,900
Jul. 2020 1,424.6 199,988 93,413 8,653
Jun. 2020 1,948.2 201,831 108,919 6,212
May. 2020 1,512.3 178,577 173,755 8,608
Apr. 2020 1,691.3 176,967 98,925 7,442

The preliminary numbers reported above may be updated in the future.
* DARTs: For equities, equity options, and futures, a revenue trade included to calculate DARTs is a commissionable trade order placed by the customer and executed, regardless of the number of shares or contracts included in the trade order. When viewing our DARTs, it should be taken into account that, for equities and equity options, we charge most of our commissions based on share volume and number of contracts traded (and not by revenue trade used to calculate DARTs). For futures, we charge commissions on a per contract basis. It should be noted that all DARTs are not equal. The revenue we derive from each revenue trade depends on the asset in question (equities, equity options, futures — each has a different per unit revenue structure), and, within each asset class, revenue per equity, contract or lot varies to the extent higher volume traders receive more favorable pricing, which they often do.

Previous Monthly Disclosure - Global DARTs

Monthly trade value
(Billion yen)
Daily Average Revenue Trades
Feb. 2021
Jan. 2021 267,264
Dec. 2020 299,530
Nov. 2020 271,376
Oct. 2020 263,056
Sep. 2020 257,715
Aug. 2020 263,329
Jul. 2020 271,648
Jun. 2020 269,782
May 2020 245,558
Apr. 2020 257,717
  • Global DARTs (Daily Average Rvenue Trades) include the DARTs of Monex, Inc., TradeStation Group, Inc. and Monex Boom Securities (H.K.) Limited.
  • Global FX Volume includes the trading volume of Monex, Inc. and TradeStation Group, Inc.
  • "Global FX Volume" which had been disclosed until March 2016 is displayed as blank because OTC FX accounts offered by FX companies of TradeStation Group, Inc. were transferred to OANDA Corporation and OANDA Australia Pty Ltd on March 4, 2016. As a result, FX volume of Monex Group consists only of OTC FX volume of Monex, Inc. 
  • "Global DARTs" which had been disclosed until December 2017 is displayed as blank because we ceased disclosure of Global DARTs as the "Stock Brokerage" and "FX Trading (OTC FX)" fields disclosed in Monthly Disclosure would more appropriately function to convey trading activities at Monex, Inc.