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Alpha FX Expects Earnings Ahead Of Expectations On Strong Performance

Thu, 03rd Jan 2019 08:48

LONDON (Alliance News) - Foreign exchange services provider Alpha FX Group PLC on Thursday said that, following strong trading, earnings for 2018 are set to be ahead of market expectations.

The company's corporate business, including UK and international clients, made a strong performance in the year, as did Alpha FX's institutional division, which was recently formed in March 2018.

Alpha FX said that 2019 will bring further investments, including in technology and back-office infrastructure. There also will be increased costs from its recent launch in Canada.

Alpha FX will publish its full-year results in March.

Shares in Alpha FX were up 8.0% at 610.00 pence on Thursday.

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