Monex gets ready to open margin accounts for US equity trading
Monex, Inc, a subsidiary of Monex Group, Inc (TYO:8698), announces that from 1p.m. JST on Sunday, June 26, 2022, it will start accepting applications to open margin accounts for US equity trading.
Monex has previously announced its intention to commence US equity margin trading services from July 2022, but due to its continuous efforts to enhance services, the launch date is being adjusted. The service is expected to commence by the end of 2022.
In partnership with its group company in the US, TradeStation Group, Inc, Monex has been offering unique US equity trading services that no other domestic securities brokers can replicate including after-hours trading as the only online broker, real time stock prices free of charge, and trailing stop orders.
In July 2019, Monex was the first in the industry to lower the minimum trading fees for US equity trading. In 2020 and following years, it further expanded its services by launching Monex Scouter for US equities, US equity periodic purchase services, and domestic over-the-counter transactions for US equities. In 2022, the Earnings Flash function was added, in which US companies’ earnings announcements are distributed in a visualized style within minutes of their announcement.
Recently, the Japan Securities Dealers Association revised part of the Regulations Concerning Foreign Securities Transactions, permitting margin trading of US equities in Japan from July 2022. To meet requests from many of our customers, Monex announced its intention to start margin trading services. For now, in preparation for the commencement of actual trading, Monex is to start accepting applications for opening an account to trade US equity on margin.