Invast Securities Cannot Reverse Monthly Decline in Financial Metrics

Invast Securities again saw a monthly decline in operating revenues in May, contributing to a further erosion from earlier this

Invast Securities Co. Ltd reported its financial metrics for the month ending May 2015, having again taken a tumble across a number of segments in its business, according to an Invast statement.

Last month, Invast Securities reported a lackluster April 2015 operating metrics that came in at $2.67 million (¥318 million), down -21.9% MoM from $3.42 million (¥407 million) in March 2015.

Join the iFX EXPO Asia and discover your gateway to the Asian Markets

Suggested articles

What to Look for in a Liquidity ProviderGo to article >>

For the month ending May 2015, operating revenues at Invast Securities came in at $2.3 million (¥284 million), down -10.7% MoM from $2.67 million (¥318 million) in April 2015. Over a yearly timeframe, operating revenue in May 2015 managed to surge 47.1% YoY from just $1.6 million (¥193 million) in May 2014.

In terms of the total amount of deposited margin, Invast again experienced a rather marginal decline in May 2015, reporting a figure of $558.5 million (¥68.98 billion), which declined marginally MoM $561.5 million (¥69.29 billion) in April 2015. This drop was more substantial however when measured against May 2014, which saw a decline of -8.7% YoY from $611.58 million (¥75.53 billion) in May 2014.

Got a news tip? Let Us Know