Invast’s Revenues Extend Fresh Lows in May, Lowest in Two Years

Invast Securities has released its May 2016 monthly financial metrics, having inked its lowest revenues in nearly two years, ultimately extending a recent downtrend that has been afflicted the broker, according to an Invast statement.

The new world of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term, Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.

For the month ending May 2016, Invast reported its operating revenues at $2.25 million (¥238 million), down a sizable -25.4% MoM from $3.2 million (¥319 million) in April 2016 – this latest performance now caps a four month consecutive decline in its revenues, which strikes a new two year low after retreating below the $2.3 million (¥244 million) level set back in November 2015.

The dive in revenues in nothing exclusive to Invast as many other brokers are facing similar plights headed into H2 2016. Furthermore, May 2016’s operating revenues were also much lower than its 2015 equivalent – rescinding by a factor of -16.2% YoY from $2.69 million (¥284 million) back in May 2015.

In addition, Invast also released its total amount of deposited margin, which inched lower slightly MoM in May 2016, though not to the level seen in its revenues. Rather a muted drop to $659.2 million (¥69.7 billion) was reported during the month, relative to $666.3 million (¥70.1 billion) in April 2016 or less than -1.0% MoM. Over a yearly timetable, this figure was unchanged YoY from $653.0 million (¥69.0 billion) in May 2015.

Earlier this month, Invast disclosed its annualized financial figures for the year ending March 31, 2016 – the broker saw a manifold increase across some key metrics, including a strong performance in revenues relative to the year prior.