ParFX Reports Rising Revenue for 2017, Profits Spike

[kreslik.news]

One of the most dynamic spot FX trading platform providers in the industry, ParFX has filed its annual results with the UK Companies House. The firm is reporting that its clients base has continued growing throughout 2017.

The total turnover of the subsidiary of Tradition, ParFX, increased by 6 percent when compared to 2016. The figure stood at £7.5 million ($9.5 million) for last year.

The costs of the company rose just around 1 percent, to £6.85 million ($9 million). Consequently, ParFX doubled its profits in 2017. According to the filing the firm managed to book an after-tax profit of £680,000 ($892,000).

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