Monex implements new processing solution from Broadridge

Monex gears up for market changes with Broadridge

Monex, one of Japan’s largest online trading brokers, is deploying a new platform for its domestic equity and investment trust processing business. The supplier is Broadridge Financial Solutions. Broadridge’s offering is JASDEC (Japan Securities Depository Centre, Inc) Processing Solution. Oki Matsumoto, CEO of Monex, says the new platform “will enable us to further improve our […]

Brokers struggle as commission income dries up

Traditional brokerage models are finished, says Healey

Sell-side brokerage desks are becoming leaner and are struggling to work out viable economic models for their products and services, according to new research by TABB Group.