Retail Broker Invast Securities Sees Weak November Metrics

Invast Securities has published its business metrics for the month of November this week. Unsurprisingly, the Japanese retail broker reported a drop in its performance during the month.

This week, Invast Securities has disclosed its operating revenue and the total amount of deposited margin, which gives an indication of the trading activity which took place with the broker in the month.

Echoing the same pattern, which has been seen by trading providers worldwide, the firm reported a drop in both revenues and deposited margin. In fact, operating revenues for the broker was the lowest in November since September of last year.

Specifically, in November, Invast Securities achieved operating revenue of ¥354 million ($3.2 million). When measured against the previous month, which had operating revenue of ¥356 million, last month’s figure has fallen slightly by 0.6 percent.

Taking a broader look, November’s revenue is still lower on a yearly comparison. This is because November of 2018 posted operating revenue of ¥430 million. Therefore, last month’s revenue has declined by 17.7 percent.

Moving on to the total amount of deposited margin, the picture doesn’t look much better for the retail broker. During the month of November, the broker achieved a value of ¥78.6 billion.

On a month-on-month comparison, this figure has fallen by 3.5 percent, dropping from the ¥81.4 million of deposited margin in October. Last month’s figure is also down by 2.4 percent on a yearly measurement.

Invast Securities reports weak Q2 of fiscal 2020

November’s weak volumes follow on from Invast Securities reporting a weak second quarter of its 2020 fiscal year. Although the broker reported solid revenues, when it comes to income, the results didn’t hold up as well. In particular, during the second quarter of the firm’s 2020 fiscal year, the company actually reported a net loss of ¥65 million.