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Invast Securities, a Japanese-based forex brokerage, reported on Tuesday its operating revenue amounted to JPY 319 million in April 2016, posting the lowest value since the beginning of 2016. The figure represents a slight drop from JPY 318 million a year earlier and a decline of 7.8% from the previous month.
The broker’s client deposited margin slightly increased to JPY 70.1 billion in April from JPY 70.0 billion in the previous month. In comparison, its deposit margin was nearly JPY 69.3 billion in April 2015.
Following is detailed data about the broker’s monthly metrics since the beginning of 2016 (in JPY millions):
2016 | ||||
Month | Jan | Feb | Mar | Apr |
Operating revenue | 348 | 375 | 346 | 319 |
| Total amount of deposited margin | 70,756 | 70,116 | 70,005 | 70,058 |
In comparison, GMO Click Holdings, the largest retail forex brokerage group in Japan and in the world, saw its consolidated operating revenue exceeding JPY 2.4 billion in April, while Money Partners Group, another Japanese forex brokerage, had an operating revenue of JPY 473 million last month.
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