Richard Butler Creagh New Blog
07:31Latest Financial News
Welcome to Richard Butler Creagh blog, Richard is a property and finance consultant who formed Henley Finance Ltd. It provides fast lending facilities and has a proven track record for efficiency in carrying out the due diligence process which is the most important factor from a legal point of view. We like to keep you update with all financial news that we think is important in today's financial market.
Invast Securities Records Spike in Revenue During January
Invast Securities has reported its January 2017 monthly financial
metrics, which saw a reversal in terms of its revenues, which rebounded sharply
in the first month of the New Year, according to an Invast statement.
For the month ending January 2017, Invast disclosed its operating
revenues at $3.38 million (¥381 million), up 40.1 percent month-over-month from
$2.41 million (¥272 million) in December 2016. Comparing this figure to its
2016 counterpart, the latest revenues were also weaker, higher by 9.5 percent
year-over-year from $3.08 million (¥348 million)
January 2017 experienced larger volumes overall and higher trading activity
given the uptick of volatility worldwide. A combination of markets snapping out
of a seasonal lull and the incoming administration of Donald Trump in the US
also helped spark movement across markets.
Finally, Invast also released its total amount of deposited
margin, which again edged higher month-over-month in January 2017, albeit by a
marginal amount. As such, January 2017 reported $628.9 million (¥70.96
billion), relative to $627.1 million (¥70.76 billion) in December 2016 or virtually
unchanged month-over-month. Over a yearly timeframe, this figure was unchanged
year-over-year from $627.1 million (¥70.76 billion) in January 2016.
Find out more about Richard Butler Creagh career here, Like Richard Butler Creagh on Facebook and Follow Richard Butler Creagh on Twitter.
0 comments