Berkeley Futures sees annual Revenues drop by 11% in fiscal 2016

LeapRate Exclusive… LeapRate has learned via regulatory filings made with UK authorities that FCA regulated broker Berkeley Futures saw a significant decrease in activity during fiscal 2016, with Revenues down 11.4% to £9.6 million for the twelve months ended April 30, 2016. 2015 Revenues were £10.8 million.

Berkeley still turned a profit for the year, £1.2 million versus £1.4 million last year.

Berkeley is a bespoke, all-encompassing, brokerage house that offers clients the ability to trade a multitude of markets worldwide. Berkeley offers trading in Futures, Options, Contracts for Difference (CFDs), Bullion, Forex and Equities. The company is a member of the Dubai Gold and Commodities Exchange (DGCX), the London Metal Exchange (LME), the London Stock Exchange and FIA Europe.

Berkeley is partly owned by Australian investment giant Macquarie Group Ltd (ASX:MQG).

Berkeley employs 18 staff, down from 19 last year.

Berkeley Futures’ fiscal 2016 income statement follows:

Berkeley Futures 2015 income statement

Read Also: