Invast Securities' Financials Edge Higher in June

by Jeff Patterson
  • Slightly improved JPY activity helped drive Invast's business in June as looks to move past an uneven H1.
Invast Securities' Financials Edge Higher in June
Bloomberg

Invast Securities has just disclosed its latest monthly results which show that revenues mounted a consecutive monthly growth in June 2017. As a whole, H1 2017 has been dictated by pockets of Volatility , and by extension wavering levels of movement in the Japanese yen – these have been the paramount factors influencing trading volumes and revenues, not just at Invast but all Japanese brokers.

The London Summit 2017 is coming, get involved!

[gptAdvertisement]

June 2017 was relatively quiet on the trading front, despite a slight weakening of the JPY, namely with regard to majors. The Multi-Asset brokerage did secure stronger financial figures in June 2017, seeing its revenues rise for the second consecutive month after April, its worst month of the year.

In terms of its monthly figures, Invast Securities saw a more pronounced growth in its operating revenues during June 2017. The monthly revenues reading came in at $3.10 million (¥351.0 million), a jump of 16.6 percent month-over-month from $2.66 million (¥301.0 million) in May 2017. Last month’s revenues represented Invast’s strongest month in terms of its business since February 2017.

After four consecutive months of waning revenues to start the year, Invast has seen its revenues climb in the past two. Sapped by volatility for much of 2017, Invast has essentially seen its business be at the mercy of market factors and movements in the JPY for much of the year. 2017 has by and large been a slower year than 2016, with Invast’s revenues underperforming on a yearly basis overall.

June 2017 was no different, which saw Invast see a 5.9 percent year-to-date decline in its revenues $3.29 million (¥373.0 million) in June 2016. Furthermore, Invast Securities also reported its total amount of deposited margin, which for the third consecutive period edged higher on a month-over-month basis in June 2017.

Invast reported a reading of $622.4 million (¥70.49 billion) in June, basically unchanged from $614.7 million (¥69.62 billion) in May 2017. Over a yearly timeframe, this figure was higher by 4.6 percent from $594.9 million (¥67.37 billion) reported in June 2016.

The level of deposited margin at Invast Securities has also been stagnant in year-to-date in 2017, refusing to budge out of a tight band – just $19.5 million (¥2.15 billion) of deposited margin differentiates a high (February) and low (March) in 2017.

Moving forward, Invast’s revenues in H2 2017 will continue to be pegged to any improvement in trading volumes, and in particular more pronounced moves in the JPY. With markets heading into one of the more quiet periods in the entire trading calendar, Invast will look to sustain its recent momentum.

Invast Securities has just disclosed its latest monthly results which show that revenues mounted a consecutive monthly growth in June 2017. As a whole, H1 2017 has been dictated by pockets of Volatility , and by extension wavering levels of movement in the Japanese yen – these have been the paramount factors influencing trading volumes and revenues, not just at Invast but all Japanese brokers.

The London Summit 2017 is coming, get involved!

[gptAdvertisement]

June 2017 was relatively quiet on the trading front, despite a slight weakening of the JPY, namely with regard to majors. The Multi-Asset brokerage did secure stronger financial figures in June 2017, seeing its revenues rise for the second consecutive month after April, its worst month of the year.

In terms of its monthly figures, Invast Securities saw a more pronounced growth in its operating revenues during June 2017. The monthly revenues reading came in at $3.10 million (¥351.0 million), a jump of 16.6 percent month-over-month from $2.66 million (¥301.0 million) in May 2017. Last month’s revenues represented Invast’s strongest month in terms of its business since February 2017.

After four consecutive months of waning revenues to start the year, Invast has seen its revenues climb in the past two. Sapped by volatility for much of 2017, Invast has essentially seen its business be at the mercy of market factors and movements in the JPY for much of the year. 2017 has by and large been a slower year than 2016, with Invast’s revenues underperforming on a yearly basis overall.

June 2017 was no different, which saw Invast see a 5.9 percent year-to-date decline in its revenues $3.29 million (¥373.0 million) in June 2016. Furthermore, Invast Securities also reported its total amount of deposited margin, which for the third consecutive period edged higher on a month-over-month basis in June 2017.

Invast reported a reading of $622.4 million (¥70.49 billion) in June, basically unchanged from $614.7 million (¥69.62 billion) in May 2017. Over a yearly timeframe, this figure was higher by 4.6 percent from $594.9 million (¥67.37 billion) reported in June 2016.

The level of deposited margin at Invast Securities has also been stagnant in year-to-date in 2017, refusing to budge out of a tight band – just $19.5 million (¥2.15 billion) of deposited margin differentiates a high (February) and low (March) in 2017.

Moving forward, Invast’s revenues in H2 2017 will continue to be pegged to any improvement in trading volumes, and in particular more pronounced moves in the JPY. With markets heading into one of the more quiet periods in the entire trading calendar, Invast will look to sustain its recent momentum.

About the Author: Jeff Patterson
Jeff Patterson
  • 5335 Articles
  • 90 Followers
About the Author: Jeff Patterson
Head of Commercial Content
  • 5335 Articles
  • 90 Followers

More from the Author

Retail FX

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}