LONDON (Alliance News) - Online trading services provider London Capital Group Holdings PLC on Wednesday said the immediate impact of the UK's vote to leave the European Union had been materially positive for revenue and profit.
London Capital also said it has recently received a query from an unnamed regulatory authority regarding the level of regulatory fees paid by the company. It said it was in the process of evaluating and has agreed to respond to the regulator by July 11.
London Capital said it does not anticipate the outcome of the query from the regulator will have a material impact on its financial position, particularly given its buoyant post-Brexit performance.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
Copyright 2016 Alliance News Limited. All Rights Reserved.
