STTS
LongTerm-Emer-FX Return This Year:
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User | Time | Action Performed |
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Online trading company Plus500 Ltd (LON:PLUS) has earlier today posted a trading update for the three months to March 31, 2019, with the report revealing a rather dull picture. Group revenue for the first quarter of 2019 was $53.9 million, this is down by 65% from the revenues of $154.8 million registered in the final quarter of 2018. The drop is even steeper in annual terms, as the revenues in the first quarter of 2018 amounted to $297.3 million. The brokerage blamed the decline on extremely subdued financial markets across most asset types. The low levels of volatility impacted Active Customer numbers and ARPU. ... (full story)