Harry Adams, co-chief executive of PLC (), says it is business as usual at the corporate-focused currency broker despite the coronavirus disruption.
“We’ve not seen any slowdown at all since the crisis started,“ he told Proactive.
He added that 95% of its trading is in the US dollar, sterling and the euro, all of which are seen as havens at times of market uncertainty.
Volatility is also good for the business, he adds.
Revenue in the year to March rose 30% to £29mln and Adams does not expect to see any dramatic drop-off in the current twelve months.
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
In exchange for publishing services rendered by the Company on behalf of Argentex named herein, including the promotion by the Company of Argentex in any Content on the Site, the Company receives from said issuer...
FOR OUR FULL DISCLAIMER CLICK HERE