Major Business Metrics of Group Companies

Notes:
1. 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.

2. TradeStation Group, Inc. Daily Average Revenue Trades (DARTs) previously were under-reported by 4-7% for the months of October 2023 through February 2025.  DARTs data was restated on April 3, 2025 to correct the previous under-reported DARTs data. The restatement of DARTs data had no impact on results reported in Monex Group’s financial statements.

3. Coincheck, Inc. Monthly Exchange Trading Value previously was under-reported by 0.01-0.67% for the months of May 2025 through February 2026. Monthly Exchange Trading Value was restated on April 3, 2026 to correct the previous under-reported data. The restatement of the data had no impact on results reported in Monex Group's financial statements.

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)

Aug.2026

3,753.2

250,854

203,417

13,803

Jul.2026

4,511.8

252,874

156,294

15,522

Jun.2026

5,610.6

272,651

197,447

20,709

May.2026

3,945.2

252,908

129,229

16,790

Apr.2026

3,689.7

218,541

171,122

21,603

Mar.2026

3,560.3

264,937

324,962

18,814

Feb.2026

3,585.1

270,865

295,094

24,143

Jan.2026

3,167.6

255,417

298,399

25,768

Dec.2025

2,619.4

217,210

332,624

22,651

Nov.2025

2,823.4

260,985

415,622

29,023

Oct.2025

3,435.7

259,761

461,342

35,996

Sep.2025

2,545.5

231,638

243,279

26,358

Aug.2025

2,670.0

213,148

318,562

29,146

Jul.2025

2,390.4

213,411

388,372

39,166

Jun.2025

2,140.3

212,866

312,516

18,525

May.2025

1,961.2

227,508

375,925

21,333

Apr.2025

2,143.5

235,821

366,050

21,672

Mar.2025

1,974.1

240,117

454,277

19,637

Feb.2025

1,945.0

236,952

410,135

25,629

Jan.2025

1,918.7

237,897

595,094

46,700

Dec.2024

2,011.3

211,561

621,559

48,116

Nov.2024

1,926.5

211,217

728,270

50,404

Oct.2024

1,907.4

210,456

324,265

18,916

Sep.2024

1,801.4

210,277

278,984

13,412

Aug.2024

2,430.9

227,046

411,847

18,992

Jul.2024

2,347.6

240,491

371,801

22,724

Jun.2024

1,895.6

228,222

271,697

21,658

May.2024

2,260.6

230,240

314,753

23,112

Apr. 2024

2,273.1

250,620

463,858

28,222

Mar. 2024

2,754.4

237,553

625,318

55,205

Feb. 2024

2,709.5

251,028

368,271

31,101

Jan.2024

2,307.5

225,048

343,495

24,808

Dec.2023

1,899.4

193,747

291,973

24,101

Nov.2023

1,812.4

197,569

264,854

18,190

Oct.2023

1,636.1

221,644

196,953

16,365

Sep.2023

1,920.0

205,917

107,178

9,140

Aug.2023

1,958.2

218,011

135,467

11,060

Jul.2023

1,791.2

212,316

153,038

14,361

Jun.2023

2,554.1

214,780

180,540

11,659

May. 2023

1,868.8

202,302

149,721

7,872

Apr. 2023

1,354.0

194,966

161,783

10,699

Mar. 2023

1,738.7

215,875

246,434

13,818

Feb. 2023

1,441.6

221,217

155,880

8,208

Jan. 2023

1,322.3

204,876

127,100

8,269

Dec. 2022

1,619.4

187,851

86,479

7,597

Nov. 2022

1,740.2

211,816

224,326

11,917

Oct. 2022

1,359.9

217,477

181,739

8,120

Sep. 2022

1,354.7

216,304

210,837

11,190

Aug. 2022

1,607.0

213,624

244,844

11,335

Jul. 2022

1,341.0

202,049

300,918

12,639

Jun. 2022

1,593.2

214,510

289,704

19,007

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.