Invast Securities Reports Mixed Business Metrics in June

Friday, 12/07/2019 | 09:02 GMT by Celeste Skinner
  • Operating revenue for the broker fell month-on-month in June.
Invast Securities Reports Mixed Business Metrics in June
Finance Magnates

After noting a weak performance in May, Invast Securities, a retail broker headquartered in Japan, has reported its operating results for the sixth month of the year - June.

In June, the retail broker reported a mixed performance. During the month, Invast Securities achieved operating revenue of ¥361 million ($3.3 million). When measuring this against May, which had operating revenue of ¥381 million, it is lower by 5.25 percent.

Despite the fact that June’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 ¥358 million, last month’s value is slightly higher by 0.84 percent.

Nonetheless, the operating revenue reported in June is the lowest value achieved so far this year. In 2019, January has so far achieved the highest value, and May reported the second-lowest, only in front of June.

The total amount of deposited margin, however, did manage to increase on a monthly comparison. Specifically, it climbed by 4.21 percent from ¥77.99 billion in May to ¥81.3 billion in June 2019.

Last month’s figure also manages to withhold its ground when weighing it against June of last year. This is because June 2018 recorded a total amount of deposited margin of ¥75.77 billion. Therefore, June of 2019’s value has risen 7.26 percent year-on-year.

Summer lull weighs on markets

The performance of Invast Securities during June could have been weighed down by lower Volatility , which is characteristic of the summer months. As Finance Magnates has reported, numerous trading providers have reported either weak or mixed results during the month, such as Saxo Bank.

Another trading provider to report mixed metrics in June was Euronext’s FastMatch, which incurred a year-over-year decline but managed to secure some growth over May’s metrics.

After noting a weak performance in May, Invast Securities, a retail broker headquartered in Japan, has reported its operating results for the sixth month of the year - June.

In June, the retail broker reported a mixed performance. During the month, Invast Securities achieved operating revenue of ¥361 million ($3.3 million). When measuring this against May, which had operating revenue of ¥381 million, it is lower by 5.25 percent.

Despite the fact that June’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 ¥358 million, last month’s value is slightly higher by 0.84 percent.

Nonetheless, the operating revenue reported in June is the lowest value achieved so far this year. In 2019, January has so far achieved the highest value, and May reported the second-lowest, only in front of June.

The total amount of deposited margin, however, did manage to increase on a monthly comparison. Specifically, it climbed by 4.21 percent from ¥77.99 billion in May to ¥81.3 billion in June 2019.

Last month’s figure also manages to withhold its ground when weighing it against June of last year. This is because June 2018 recorded a total amount of deposited margin of ¥75.77 billion. Therefore, June of 2019’s value has risen 7.26 percent year-on-year.

Summer lull weighs on markets

The performance of Invast Securities during June could have been weighed down by lower Volatility , which is characteristic of the summer months. As Finance Magnates has reported, numerous trading providers have reported either weak or mixed results during the month, such as Saxo Bank.

Another trading provider to report mixed metrics in June was Euronext’s FastMatch, which incurred a year-over-year decline but managed to secure some growth over May’s metrics.

About the Author: Celeste Skinner
Celeste Skinner
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About the Author: Celeste Skinner
  • 2872 Articles
  • 25 Followers

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