Monex plans to launch US equity margin trading services in Japan in July 2022
Japanese Forex and stock broker Monex Inc, a subsidiary of Monex Group, Inc (TYO:8698), today announced that it will start offering US equity margin trading services from July 2022, subject to confirmation, the same month when such services become permitted in Japan.
In partnership with its business in the US, TradeStation Group, Inc, Monex Group has been offering unique US equity trading services. Monex has enhanced services in many areas in such a way to provide a better investment environment to its customers, including, for example, being the first in the industry lowering the minimum trading fees in July 2019, and increasing the number of tradable stocks.
In September 2021, 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 respond to requests from many of its customers who are currently involved in US equity cash trading, Monex has decided to offer margin trading services.
Margin trading offers several benefits compared to cash trading, for example, allowing investors to leverage a smaller amount of funds in trading as well as allowing them to gain returns in a downward market with new short positions.
Monex is preparing for the launch of the new service in July 2022. The exact date of launch as well as other information, including the minimum margin, covered stocks, timing to start short selling, will be communicated in due course.
Since 2008 when Monex started offering US equity and ETF trading services, it has expanded services and improved communications. Launching margin trading services is another part of this commitment to improvement. Monex continues to make efforts at providing a better environment of US equity investment for its customers.