U.S. Investors Still Sour on Global Equities, But Grow Even More Positive
About Domestic Stocks and the U.S. Dollar
Monex Global Retail Investor Survey, Vol. 9 -- Reveals Client Insight
TOKYO, PLANTATION, Fla. and HONG KONG, June 27, 2013 (GLOBE NEWSWIRE) --
TradeStation Securities ("TradeStation"), a wholly owned subsidiary of Monex
Group, Inc. (TSE:8698), which also includes Monex, Inc. ("Monex") and Monex
Boom Securities, today announced the results of the "Monex Global Retail
Investor Survey, Vol. 9," revealing that U.S. investors are growing ever more
bullish about the prospects for domestic stocks and the U.S. dollar in the
third quarter of 2013. This surprising result flies in the face of broad
pessimism about the outlook for global equities, as well as clear concern
about how growing budget deficits and other structural problems could affect
the U.S. economy going forward.
In the online survey conducted in June 2013, U.S. investors were far more
upbeat about the outlook for domestic stocks and the U.S. dollar than just six
months ago. In the quarterly survey conducted in December 2012, only 43% of
TradeStation customers expected U.S. stocks to outperform stocks in
Europe/U.K., Asia (excluding Japan) and Japan; however, that number rose 14
points to 57% in March 2013 and was up another six points in June 2013. Only
19% of U.S. investors expect Asian stocks (excluding Japan) to perform best
over the third quarter of 2013, down 4 points from the March 2013 survey
result. TradeStation customers were also increasingly bullish about the U.S.
dollar, with more than half (53%) expecting the dollar to outperform the other
major currencies in the next three months, up from 49% in March 2013 and from
just 35% in last December's results.
This growing optimism comes despite persistent concern about the outlook for
global markets. U.S. investors remained downbeat about global equities, with
40% predicting they would turn down in the third quarter of 2013, versus just
29% predicting that global stocks would rise and 31% predicting that they
would remain flat. Growing optimism about U.S. shares and the dollar also
trumped worries about long-term threats to the U.S. economy. When asked what
single issue posed the greatest long-term threat to the U.S. economy, nearly
two-thirds of respondents cited either federal budget deficits/long-term debt
(37%) or weak demand/high unemployment (28%).
"The survey results suggest that concerns about global economic challenges
haven't dampened U.S. investors' expectations for domestic stocks and the U.S.
dollar," said Salomon Sredni, CEO of TradeStation Group, Inc. and COO of Monex
Group, Inc. "Our mission is to provide TradeStation clients with the tools and
resources they'll need to tackle what continues to be a very challenging
Respondents' expectations for their own trading volume over the next 12 months
were little changed from last quarter's positive results, with half of
respondents (50%) expecting their trading volume to increase (down 6 points
from March) and just 7% expecting it to decrease (down 2 points from March).
Monex has been conducting its monthly retail investor survey with its Japanese
clients since October 2009. The "Monex Global Retail Investor Survey,"
covering retail clients in Japan, Hong Kong and the U.S., was launched in June
2011 and is conducted on a quarterly basis. Please refer to the full report
for complete results.
TradeStation customers remain relatively positive on the outlook for China,
but concerns about the slowing Chinese economy have grown significantly in the
last six months. Thirty-four percent of respondents cited China as the
economic area outside their own that would experience the strongest GDP growth
in 2013, still tops among all regions; however, that figure is down 25 points
from December 2012 and 13 points from the March 2013 survey results. U.S.
investors were slightly more bullish about prospects for South America, with
29% citing Latin America as the region that would experience the strongest GDP
over the next 12 months, up from 26% in last quarter's survey.
The Monex Global Retail Investor Survey measures customer sentiment based upon
answers to specific questions received from a random sampling of customers of
Monex, Inc., TradeStation Securities, Inc., IBFX, Inc., and Monex Boom
Securities (H.K.) Ltd. Details of the methodology used to conduct the survey
are available upon request. Accuracy and completeness of the data derived from
the survey is not guaranteed.
The information contained herein should not be construed as investment
research or an offer or solicitation to buy or sell securities, securities
derivatives, futures or off-exchange foreign currency products or services.
Investor sentiment derived from the survey responses is no guarantee of future
performance or success.
Active trading regardless of asset class (equities, futures, foreign exchange)
carries a high level of risk and may not be suitable for all investors.
Relevant risk disclosures are available at www.tradestation.com.
About Monex Group, Inc.
Monex Group, Inc. (Tokyo Stock Exchange 1st section: 8698), including its main
subsidiary Monex, Inc. (Tokyo, Oki Matsumoto, Chairman and CEO), an online
securities brokerage, provides advanced financial services to individual
investors. Monex Group has been a pioneer among Japanese online securities
brokers since the complete liberalization of commissions and fees in stock
brokerages in 1999, and relentlessly strives to offer its customers in Japan
innovative products and services. Its services cover M&A advisory, debt &
equity underwriting, asset management focusing on alternative investments,
investment education, and other investment banking functions along with an
online distribution network to more than 1.2 million individual investors in
Monex Group aims to globalize its customer base and businesses in addition to
enhancing its global product line and services. Specifically, in recent years,
Monex has embarked on an ambitious plan to strengthen its products and
services globally by focusing its expansion efforts to date on the growing
Chinese market, by opening representative offices in Beijing and acquiring
Boom Securities (H.K.) Limited and its group companies in Hong Kong. As a core
element in the further expansion and global diversification of its businesses,
it has been seeking opportunities to expand into the U.S. market, which it saw
as the missing pillar in achieving a truly global platform. The acquisition of
TradeStation provides Monex with an immediate expansion and strong commercial
presence in the U.S. online brokerage market.
About TradeStation Group, Inc.
TradeStation Group, Inc. through its principal operating subsidiaries,
TradeStation Securities, Inc. and IBFX, Inc. offers analytical and trading
platforms to the active trader and certain institutional trader markets. The
TradeStation platform offers electronic order execution and enables clients to
design, test, optimize, monitor and automate their own custom equities,
options, futures and forex trading strategies. TradeStation Group is a wholly
owned subsidiary of Monex Group, one of the largest online financial services
providers in Japan.
TradeStation Securities, Inc. (Member NYSE, FINRA, SIPC, NSCC, DTC, OCC & NFA)
is a licensed securities broker-dealer and a registered futures commission
merchant, and also a member of the Boston Options Exchange, Chicago Board
Options Exchange, Chicago Stock Exchange, International Securities Exchange
and NASDAQ OMX. Its TradeStation Prime Services division, based in New York,
seeks to provide prime brokerage services, including securities lending, to
small and mid-sized hedge funds and other firms. IBFX, Inc. (Member NFA) is a
Retail Foreign Exchange Dealer (RFED) that exclusively provides forex
brokerage services directly and through its TradeStation Forex division. IBFX
Australia Pty Ltd is registered with ASIC and provides forex brokerage
services outside of the United States. The company's technology subsidiary,
TradeStation Technologies, Inc., develops and offers strategy trading software
tools and subscription services. Its London-based subsidiary, TradeStation
Europe Limited, an FCA-authorized brokerage firm, introduces UK and other
European accounts to TradeStation Securities, Inc., IBFX, Inc. and IBFX
Australia Pty Ltd.
About Monex Boom Securities (H.K.) Limited
Monex Boom Securities (H.K.) Limited ("BOOM") offers multi-market and
multi-currency online securities trading services to investors all around the
world. With BOOM's proprietary web-based trading platform, investors can trade
equities in all major exchanges and manage different major currencies via one
single account. Currently, it offers access to securities listed on over 17
stock markets in 12 countries. In addition, BOOM also develops trading
solutions for other financial institutions.
Being the first company to launch Internet stock trading in Asia/Pacific, BOOM
introduced a new pattern of self-directed cross-border investment by applying
new technology to traditional equities trading and financial services. BOOM
aims to provide retail investors with PRIVATE, EASE, SPEEDINESS and
INEXPENSIVE international stock trading services.
BOOM is a fully licensed Broker / Dealer regulated by the Securities and
Futures Commission (SFC) of Hong Kong, founded in 1997 and headquartered in
Hong Kong. It is a wholly owned subsidiary of Monex Group, one of the largest
online financial services providers in Japan.
CONTACT: Monex, Inc.
TradeStation Securities, Inc.
+1 (954) 652-7011
Monex Boom Securities (HK) Limited
TradeStation Group, Inc. Logo
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