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The 2015 Trading Technology 40: Oki Matsumoto

#30 Oki Matsumoto, Chairman and Chief Executive Officer, Monex Group

30
Oki Matsumoto
Chairman and Chief Executive Officer
Monex Group

In 1999 the online finance boom was in full swing, concentrated in the U.S., when Oki Matsumoto decided to push Japan onto that bandwagon. He left behind a bright future as a Goldman Sachs Japan investment banker and with an initial capital infusion from Sony Corp. launched Monex Group. Now one of Japan’s premier financial services brands, with 1.2 million individual customers, an array of investment banking and asset management services, and an increasingly international flavor, Monex is pursuing a strategy of “globalizing its customer base,” says chairman and CEO Matsumoto. The firm is leaning on TradeStation Group, a Plantation, Florida–based brokerage operation it acquired in 2011, as both a revenue and technology engine. Sagging trading volumes amid low volatility drove Monex Group’s overall net profits down in the six months ended September 30, to ¥1.9 billion ($17 million) on ¥14 billion in revenue from ¥5.28 billion on ¥20.7 billion in revenue a year earlier. The 51-year-old Matsumoto does not break out the U.S. results but says TradeStation is a plus. And not just financially: South Korea’s Shinhan Investment Corp. licensed the TradeStation 9.5 technology platform in November 2013, and China’s Guosen Securities Co. followed suit in September 2014. Matsumoto’s goals for 2015: “More expansion of B2B businesses all over the world, particularly in the U.S., and acquisition of customers in mainland China.”

The 2015 Trading Technology 40

1
2
3
4
5
Kevin Kometer
CME Group
Richard Prager
BlackRock
Raymond Tierney III
Bloomberg Tradebook
Jonathan Ross
KCG Holdings
Charles Vice
Intercontinental Exchange
6
7
8
9
10
Chris Isaacson
BATS Global Markets
Bradley Peterson
Nasdaq OMX Group
Brad Levy
MarkitSERV
Dan Keegan
Citi
Ronald DePoalo
Fidelity Institutional
11
12
13
14
15
Gerard Beatty
Goldman Sachs Group
Gerald O'Connell
CBOE Holdings
Brenda Hoffman
TMX Group
Billy Hult
Tradeweb Markets
Nicholas Themelis
MarketAxess Holdings
16
17
18
19
20
Bina Kalola
Bank of America Merrill Lynch
Gil Mandelzis
EBS-BrokerTec (ICAP)
Steven Randich
Financial Industry Regulatory Authority
Jerry Dobner
GFI Group
Michael Liberman
BlueMountain Capital Management
21
22
23
24
25
Bill Chow and Richard Leung
Hong Kong Exchanges and Clearing
Jamie Selway
Investment Technology Group
Brad Katsuyama
IEX Group
John Mackay (Mack) Gill
MillenniumIT
Jamil Nazarali
Citadel Execution Services
26
27
28
29
30
Robert Cornish
International Securities Exchange
Tyler Moeller andJoshua Walksy
Broadway Technology
Rishi Nangalia
REDI Holdings
Manoj Narang
Tradeworx,
Thesys Technologies
Oki Matsumoto
Monex Group
31
32
33
34
35
Alasdair Haynes
Aquis Exchange
Veronica Augustsson
Cinnober Financial Technology
Stu Taylor
Algomi
Luís Otávio Saliba Furtado
BM&FBovespa
Tal Cohen
Chi-X Global Holdings
36
37
38
39
40
Donal Byrne
Corvil
R. Cromwell Coulson
OTC Markets Group
Alfred Eskandar
Portware
Richard Korhammer
SR Labs
Hazem Dawani
OptionsCity Software


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