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Major Partnership: Monex to Launch tradable in Japan

Published by Gbaf News

Posted on May 13, 2013

3 min read

· Last updated: November 27, 2018

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Monex Announces Partnership with tradable

Monex, Inc., today announced that it is partnering with tradable to offer the revolutionary trading platform to its client base of 1,300,000 traders in Japan.

The partnership is tradable’s most significant announcement to date and marks a major step forward in their rapid global expansion plans. It is a significant coup for tradable to be entering the Japanese market just six months after launching its beta version.

tradable’s Innovative Trading Platform Features

Voted the most innovative financial product at the ForexMagnates Summit in London 2012, tradable allows traders to create a completely customised online trading platform using third party developed apps to fully define their trading experience. The tradable environment, with its innovative ‘app-store’ model, has generated much interest amongst the retail trading community. In partnership with Monex, the localized version of tradable will be available for Japanese retail traders within a few months.

Oki Matsumoto, CEO of Monex comments, “Our partnership with tradable reflects Monex’s strategy of introducing our clients to the most innovative products on the market – and we are therefore delighted to be the first Japanese broker to adopt and roll out tradable. Our clients will benefit from having access to the most exciting trading tool in the marketplace. They will be able to create their own customized trading tools by putting together the apps they most like. This is a great partnership for both Monex and tradable.”

Christian Frahm, Executive Chairman of tradable comments, “Monex is one of Japan’s most prestigious financial services brands and we couldn’t have asked for a better partner to be the first mover with tradable in Japan.

Significance of the Japanese FX Market

“Japan is a key market for tradable. Industry figures show that 35-40% of the retail FX volume comes from Japan – so our new partnership with Monex marks a key milestone in accelerating our growth and strengthens our position as the eco-system for trading. We know it has taken over a decade for other trading platforms to have a strong presence in Japan but we always envisioned tradable to be ‘born global’. After receiving fantastic feedback from the Japanese trading community, we are excited to be entering the Japanese market so quickly with Monex, the industry leader and a renowned innovator, as our partner.”

About Monex and Their Services

Monex provides individual investors with the best financial services and liberal access to the capital markets. For more information on Monex, visit www.monexgroup.jp/en

tradable is a ground breaking open API front-end trading platform. For further information, visit www.tradable.com

 

 

 

 

Key Takeaways

  • Monex enters a strategic partnership with tradable to launch a customizable trading platform in Japan.
  • The collaboration will offer tradable’s innovative app‑store model to Monex’s 1.3 million Japanese clients.
  • tradable, launched only six months prior, gains rapid access to Japan’s significant retail FX market.
  • Monex positions itself as the first Japanese broker to introduce the tradable platform locally.

References

Frequently Asked Questions

Who are the partners in this announcement?
The partnership is between Monex, Inc. and fintech provider tradable.
What is tradable known for?
Tradable offers a customizable online trading platform with an app‑store approach allowing third‑party apps to personalize trading workflows.
How many clients will have access in Japan?
Monex’s 1.3 million traders in Japan will gain access to the localized tradable platform.
How soon after its beta launch is tradable entering Japan?
Tradable is entering Japan just six months after launching its beta version.

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