Monex

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Monex Group, Inc. is an internationally active diversified Japanese financial services holding company.

Monex
Monex Group.gif
Founded 1999
Headquarters Tokyo Japan
Key People Oki Matusmoto, Chairman and CEO
Products Financial Services and Venture Investing
Website www.monexgroup.jp/en/index.html

Monex acquired all of the shares of Coincheck after its customers' accounts were hacked and lost $530 million worth of cryptocurreny NEM in April 2018 for $33 million.[1] After ceasing many operations, Monex reported on November 26, 2018, that all pre-hack services had been restored and were operational.[2]

On December 4, 2018, ErisX, a cryptocurrency designated contract market and a derivatives clearing organization regulated by the U.S. Commodity Futures Trading Commission, announced that Monex's subsidiary TradeStation Securities had invested in ErisX's second funding round.[3]

Background

Monex Group, Inc., the shares of which are listed on the Tokyo Stock Exchange, is the parent of a number of financial services companies. Monex, Inc. is an online securities brokerage in Japan. In addition to Coincheck, the Monex Group also consists of a cryptocurrency bank, an internal financing corporation, and an investment and venture advisory subsidiary in Japan. It also offers brokerage services in other parts of Asia and in Australia. Monex Group acquired TradeStation Securities, a U.S. securities and futures brokerage firm, in 2011.[4]

References