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ActivTrades Plc, a UK-based broker providing foreign exchange (FX), contracts for difference (CFDs), and spread betting, has reported its full year financials for 2015, which showed a healthy uptick in profitability, according to a filing with the UK Companies House.
The latest company report casts light on ActivTrades’ overall metrics and volumes, both of which appeared to have been helped by higher market volatility in the FX market. As such, ActivTrades disclosed a 2015 FX turnover figure of $45.3 million (£31.4 million), up 26.5% YoY from $35.8 million (£24.8 million) in the year prior.
This growth was tempered by an additional ... (read more)