Invast Securities Sees First Monthly Rise in Revenue Since June
- September’s figures reveal operating revenues up 13.8% MoM indicating that the brokerage may be back on an upward trend.
Invast Securities has reported its September 2016 monthly financial metrics, revealing that after last month’s reading which was the lowest of 2016 so far, a much-awaited turnaround is evident in the figures. Nevertheless, while the latest data shows a month-on-month improvement, the numbers still lag far behind June’s upbeat results.
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For the month ending September 2016, Invast disclosed its operating revenues at $2.3 million (¥239 million), up 13.8 percent from $2.1 million (¥210 million) in August 2016. Invast’s September revenues have put the brokerage back on the right track but the figures are not at the higher levels recorded in the first quarter of this year. The latest revenues stand at the third lowest so far in 2016, indicating that a continuing uptrend next month would be more than welcomed.
The decline in revenues and volumes is a scenario that has been faced by many 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 more recently, seasonal lulls during the month of August. September 2016’s operating revenues were also substantially lower than in the same period in 2015, falling by 28.2 percent YoY from $3.2 million (¥333 million) back in September 2015.
Invast has also released its total amount of deposited margin, which increased MoM in September 2016. In this respect, September 2016 saw $666 million (¥69.18 billion), compared with $662 million (¥67.66 billion) in August 2016, equating to a small increase of 2.2 percent MoM. Over a yearly timeframe, this figure reflected a YoY fall of -1.7 percent from $677 million (¥70.4 billion) in September 2015.
Invast Securities has reported its September 2016 monthly financial metrics, revealing that after last month’s reading which was the lowest of 2016 so far, a much-awaited turnaround is evident in the figures. Nevertheless, while the latest data shows a month-on-month improvement, the numbers still lag far behind June’s upbeat results.
The FM London Summit is almost here. Register today!
For the month ending September 2016, Invast disclosed its operating revenues at $2.3 million (¥239 million), up 13.8 percent from $2.1 million (¥210 million) in August 2016. Invast’s September revenues have put the brokerage back on the right track but the figures are not at the higher levels recorded in the first quarter of this year. The latest revenues stand at the third lowest so far in 2016, indicating that a continuing uptrend next month would be more than welcomed.
The decline in revenues and volumes is a scenario that has been faced by many 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 more recently, seasonal lulls during the month of August. September 2016’s operating revenues were also substantially lower than in the same period in 2015, falling by 28.2 percent YoY from $3.2 million (¥333 million) back in September 2015.
Invast has also released its total amount of deposited margin, which increased MoM in September 2016. In this respect, September 2016 saw $666 million (¥69.18 billion), compared with $662 million (¥67.66 billion) in August 2016, equating to a small increase of 2.2 percent MoM. Over a yearly timeframe, this figure reflected a YoY fall of -1.7 percent from $677 million (¥70.4 billion) in September 2015.