NEX Group’s Half-Year Trading Profits Decline Despite Uptick in Revenues

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NEX Group’s Half-Year Trading Profits Decline Despite Uptick in Revenues

Postby kreslik.news » Sun Nov 19, 2017 8:53 am


NEX Group plc has reported its latest financials for the six-month period ending September 30, 2017. Despite an uptick in revenues, the group has seen its trading profits take a step back across a yearly basis. This was attributed to developments internally, including investments in NEX’s regulatory reporting services and other channels.

In terms of external factors, the six-month period ending September 30, 2017 has entailed both episodic pockets of volatility in tandem with prolonged droughts of market activity. Nowhere has this been more evident than in the institutional space, with big money largely sitting sidelined for much of 2017.

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