Breaking: EZTrader Revenues Flat, Despite Volumes Growing 117%
Posted: Tue May 17, 2016 8:46 pm
EZTrader has reported the company’s key figures for the first quarter of 2016. The company reported that trading volumes have increased by 117 per cent when compared to a year ago to mark $52.8 million for the three months ending on March 31st 2016.
While the trading volumes have increased the firm’s revenues have remained more or less consistent with EZTrader reporting $7.0 million for the quarter, a number that is lower than a year ago, when the binary options brokerage announced revenues totaling $7.1 million. Sequentially, total revenues increased by 9.4% since the fourth quarter of 2015.
Looking at the ... (read more)