Operating Revenue for Invast Securities Falls 11% MoM in April

The Japanese broker is one of the latest trading providers to report weak results in April.

Invast Securities, a retail broker, headquartered in Japan, has reported its operating results for the month of April, joining a large group of trading providers who reported weak results during the fourth month of the year.

In the month of April, Invast Securities reported operating revenue of ¥382 million. Not only is this the weakest result the broker has reported all year, but it is also the lowest value since September of last year.

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When comparing April’s figure against the previous month, which had operating revenue of ¥429 million, operating revenue fell by 10.96 percent. However, where many trading providers recorded both monthly and yearly declines, April of 2019’s figure is quite strong for the retail broker, as it has managed to increase 41.48 percent year-on-year.

In addition to operating revenue falling during the month of April on a monthly comparison, the total amount of deposited margin has followed the same trend.

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Coming in at ¥78.7 billion in April, the total amount of deposited margin fell by around four percent when measured against the almost ¥82 billion of deposited margin reported in March.

Nonetheless, the situation isn’t completely bleak for the Japan-headquartered broker, as it is still higher on a yearly comparison. Specifically, because April of 2018’s total deposited margin was ¥74.7, last month’s figure has risen by 5.3 percent.

FX Trading Suffers in April

The overall market trend during the month of April was that trading volumes fell, with some trading providers reporting their weakest foreign exchange (forex) trading volumes in years. This was largely due to low volatility, which has been weighing on markets for the first four months of the year.

As Finance Magnates has reported over the past month, some of the trading providers that have been affected are Cboe, which reported its worst spot FX average daily volume in almost two years, European exchange Euronext, GMO Click in Japan, GAIN Capital and more.

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