Invast August Revenues Extend Decline As Seasonality Impacts
- The latest figures reveal a substantial decline in revenues amid a typically quieter trading month in the markets.
Invast Securities has reported its August 2016 monthly financial metrics, revealing the lowest reading so far in 2016 for the broker, according to an Invast statement issued today.
For the month ending August 2016, Invast disclosed its operating revenues at $2.1 million (¥210 million), down 30 percent from $2.97 million (¥302 million) in July 2016. Invast’s August revenues represent a downtrend that resumed in July after a brief uptick in June. The latest revenues have culminated in the lowest so far in 2016, second only to May’s dismal figures.
The decline in revenues and volumes is a scenario being faced many other brokers in 2016, following the Brexit Brexit Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Read this Term referendum and the ongoing Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term in the financial markets. August 2016’s operating revenues were also substantially lower than in the same period in 2015, falling by a margin of 44 percent YoY from $3.7 million (¥377 million) back in August 2015.
Invast has also released its total amount of deposited margin, which crept up slightly MoM in August 2016, by a marginal amount. In this respect, August 2016 saw $662 million (¥67.66 billion), relative to $662 million (¥67.15 billion), in July 2016 equating to less than 1.0 percent MoM. Over a yearly timeframe, this figure reflected a YoY fall of 3.2 percent from $684 million (¥70 billion) in August 2015.
Invast Securities has reported its August 2016 monthly financial metrics, revealing the lowest reading so far in 2016 for the broker, according to an Invast statement issued today.
For the month ending August 2016, Invast disclosed its operating revenues at $2.1 million (¥210 million), down 30 percent from $2.97 million (¥302 million) in July 2016. Invast’s August revenues represent a downtrend that resumed in July after a brief uptick in June. The latest revenues have culminated in the lowest so far in 2016, second only to May’s dismal figures.
The decline in revenues and volumes is a scenario being faced many other brokers in 2016, following the Brexit Brexit Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Read this Term referendum and the ongoing Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term in the financial markets. August 2016’s operating revenues were also substantially lower than in the same period in 2015, falling by a margin of 44 percent YoY from $3.7 million (¥377 million) back in August 2015.
Invast has also released its total amount of deposited margin, which crept up slightly MoM in August 2016, by a marginal amount. In this respect, August 2016 saw $662 million (¥67.66 billion), relative to $662 million (¥67.15 billion), in July 2016 equating to less than 1.0 percent MoM. Over a yearly timeframe, this figure reflected a YoY fall of 3.2 percent from $684 million (¥70 billion) in August 2015.