Japanese FX broker, MONEY SQUARE JAPAN's parent company, MONEY SQUARE JAPAN HD has released preliminary consolidated financial results for March on 7th April. The company disclosed their operating revenue was 582 million JPY, number of total accounts was 83351, and customers’ asset in custody was 61,236 million JPY. The figures of operating revenue and customers’ asset may be amended in the final financial results.
Volatilities lead to Money Square's steady growth
MONEY SQUARE HD outlined the number of total accounts has increased 23.1% Y-o-Y and 1.7% (+1,408) from February. The firm keeps beating their own record of customers’ asset since its inception as the figure in March increased by 2% compared to the month before and 16.6% Y-o-Y. Regarding their strong operating revenue in March, they reported it was 43.3% above the same month last year and 19.4% increase M-o-M due to increasing customers’ asset and entries orders backed by higher volatility from the previous month.
(Source: MONEY SQUARE HD)