Invast’s Revenues Pullback in December, Also Registering 2016 Decline

by Jeff Patterson
  • Invast closed out the year with with lower revenues than 2015, with its latest figures showing a slight decline MoM.
Invast’s Revenues Pullback in December, Also Registering 2016 Decline
Bloomberg

Invast Securities has reported its December 2016 monthly financial metrics, which saw a decline in several key business segments, namely across its revenues, according to an Invast statement.

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Looking at the 2016 full-year analysis of Invast’s revenues, the group reported a total of $31.3 million (¥3.6 billion), compared with $35.0 million (¥4.0 billion) in 2015, or -10.6% YoY. The loss of revenues can be partially explained by a dearth of Volatility in 2016, which outside periodic episodes in June and November, saw lower trading and market activity throughout the year.

For the month ending December 2016, Invast disclosed its operating revenues at $2.4 million (¥272 million), down -17.8% MoM from $2.9 million (¥331 million) in November 2016. Comparing this figure to its 2015 counterpart, the latest revenues were also weaker, down -3.2% YoY from $2.5 million (¥281 million)

November was largely an isolated anomaly of trading activity, with an influx of volatility helping dictate trading worldwide – December however lacked any such circumstances, also suffering from seasonal declines in activity in several markets.

Finally, Invast also released its total amount of deposited margin, which crept slightly lower MoM in December 2016, albeit by a marginal amount. As such, July 2016 saw $617.4 million (¥70.75 billion), relative to $602.9 million (¥69.14 billion) in November 2016 or roughly 2.3% higher MoM. Over a yearly timeframe, this figure was unchanged YoY from $621.1 million (¥71.18 billion) in December 2015.

Invast Securities has reported its December 2016 monthly financial metrics, which saw a decline in several key business segments, namely across its revenues, according to an Invast statement.

To unlock the Asian market, register now to the iFX EXPO in Hong Kong.

[gptAdvertisement]

Looking at the 2016 full-year analysis of Invast’s revenues, the group reported a total of $31.3 million (¥3.6 billion), compared with $35.0 million (¥4.0 billion) in 2015, or -10.6% YoY. The loss of revenues can be partially explained by a dearth of Volatility in 2016, which outside periodic episodes in June and November, saw lower trading and market activity throughout the year.

For the month ending December 2016, Invast disclosed its operating revenues at $2.4 million (¥272 million), down -17.8% MoM from $2.9 million (¥331 million) in November 2016. Comparing this figure to its 2015 counterpart, the latest revenues were also weaker, down -3.2% YoY from $2.5 million (¥281 million)

November was largely an isolated anomaly of trading activity, with an influx of volatility helping dictate trading worldwide – December however lacked any such circumstances, also suffering from seasonal declines in activity in several markets.

Finally, Invast also released its total amount of deposited margin, which crept slightly lower MoM in December 2016, albeit by a marginal amount. As such, July 2016 saw $617.4 million (¥70.75 billion), relative to $602.9 million (¥69.14 billion) in November 2016 or roughly 2.3% higher MoM. Over a yearly timeframe, this figure was unchanged YoY from $621.1 million (¥71.18 billion) in December 2015.

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

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