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Invast Securities, a Japanese-based forex brokerage, reported on Wednesday its operating revenue amounted to JPY 348 million in January 2016, which is the highest figure the broker has posted since August 2015.
The figure represents an increase of some 24% compared to the previous month, when the revenue was JPY 281 million. However, if compared on an annual basis, Invast Securities’ revenue dropped by 11%. The Japanese broker also said its clients’ deposits slightly went down by 0.6% on the month to JPY 70.8 billion at the end of January. In comparison, its deposit margin exceeded JPY 72 billion in January 2015.
Details about Invast Securities’ monthly metrics (in millions of Japanese yen, JPN) follow:
| Month | Jan ‘15 | Feb ‘15 | Mar ‘15 | Apr ‘15 | May ‘15 | June ‘15 | July ‘15 | August ‘15 | Sept ‘15 | Oct ‘15 | Nov ‘15 | Dec ‘15 | Jan ‘16 |
| Operating Revenue | 392 | 387 | 407 | 318 | 284 | 379 | 333 | 377 | 333 | 283 | 244 | 281 | 348 |
| Total deposited margin | 72,031
| 71,404
| 69,734
| 69,290
| 68,982
| 69,093
| 70,358
| 69,921
| 70,397
| 71,102
| 71,055
| 71,181
| 70,756 |
Invast Securities did not explain its monthly metrics, nor did it provide any other details. In one of its earlier financial report for the fiscal year, ending 31 March, 2016, however, Invast Securities said it would launch two new services overseas in the spring of 2016. These would be contracts on differences (CFDs) on select foreign stocks and TriAutoETF, or ETF focusing on margin transactions.
Invast Securities, based in Tokyo, consists of a group of companies regulated by the Japanese Financial Services Agency (JSFA) and the Australian Securities and Investment Commission (ASIC). The company offers trading in forex and contracts for difference (CFDs).
The Japanese forex market is among the worlds’ largest in terms of traded volume.
Source: Invast Securities