Invast Securities group reported today the monthly business metrics in July 2016. The data is preliminary figures, so those figures may differ materially from the figures shown in the financial statements. As account closing date for Invast Financial Services Pty Ltd is December 31, and it takes 3 months to reflect the actual figure. So the following consolidated result reflects its April figure.
Consolidated result
In July, The consolidated operating revenue was 302 million JPY, decreased by 19% from the previous month. The total customer deposited margin also decreased by 0.3% to 67,157 million JPY.
Invast Securities (Japan)
For the group’s Japanese securities firm, Invast Securities, During the month, AUD/JPY and NZD/JPY market were sagging, this caused the decline of trading volume of on-exchange and OTC Forex at the company. However, one of the trading strategies for GBP/JPY named Tidal Wave which is provided by the company’s mirror trader scored over 2,500 pips in the month. Therefore trading volume of the currency pair grew by 130% from June and the new accounts for the service significantly increased, the company explained.
The operating revenue was 251 million JPY, dropped by 23.5% from the previous month and the customer margin was 64,980 million JPY, slightly decreased by 0.7% month-over-month.
Invast Financial Services (Australia)
The group's Australian subsidiary, Invast Financial Services Pty Ltd saw the big growth of operating revenue with 56% MoM reaching 860,000 AUD with its customer deposited margin of 39,970,000 AUD (+19% MoM).
(Source: Invast Securities )
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