Invast Securities Reports Weak Business Metrics in September

Invast Securities, a retail broker, headquartered in Japan, has reported its preliminary operating results for the ninth month of the year - September, revealing a drop in performance from the previous month.

Many trading providers in the foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term) space, have reported weak trading volumes in September, against a strong performance in August - especially brokers based in Japan, such as Gaitame, GMO Click and more.

During the month of September, Invast Securities achieved operating revenue of ¥367 million ($3.4 million). When measuring this against the previous month, which had operating revenue of ¥452 million, it is lower by 18.8 percent.

Despite the fact that September’s value is lower on a month-on-month comparison, it does hold up when measured against the same month of the previous year, which had operating revenue of ¥353 million. Therefore, last month’s value is slightly higher by 3.97 percent.

Nonetheless, the operating revenue reported in September is the second lowest value achieved so far this year, higher than only the month of June. In 2019, January has so far achieved the highest value, with August coming in a close second.

Deposited margin falls on Invast Securities

The total amount of deposited margin also reported a decline on a monthly comparison. Specifically, it fell ever so slightly by 0.08 percent from ¥81.32 billion in August to ¥81.26 billion in September 2019.

However, last month’s figure has also managed to withhold its ground when weighing it against September of 2018. This is because this month recorded a total amount of deposited margin of ¥78.21 billion. Therefore, September of 2019’s value has risen 3.9 percent year-on-year.

As Finance Magnates reported, Invast Securities was not the only trading provider to report a weaker performance in September, on the back of August highs. During the month, GMO Click also saw a slump.

Specifically, when taking a look at the Japanese broker’s figures in the United States dollar, during the month of September, the firm reported a trading volume for OTC forex of $572.7 billion.