LeapRate's Daily Forex Industry Newsletter
Join now to receive first access to our EXCLUSIVE reports and updates.
Screenshot of a breaking news alert e-mail from Q2 2017
UK FCA-authorized TradeStation Europe Limited, which acts as an introducing broker to TradeStation Securities Inc, IBFX Inc and TradeStation Technologies, has submitted its financial report for the fiscal year to March 31, 2015, with UK regulators.
The results are quite robust, as turnover surged to £1.61 million in the 12 months to March 31, 2015, a result which is 38.8% higher than in the preceding year.
The company also managed to register a small profit of £14,686 for the FY 2015, compared with a loss of £43,785 in FY 2014.
There was an increase in net client accounts of 9.7%.
Shareholder funds edged up to £992,935, compared to £978,249 in FY 2014.
The company noted in its statement that it keeps developing its network of independent agents, seeks to introduce new client accounts and new products. During the year, the company commenced B2B software licensing agreements and plans to grow this business further.
The company has been provided with a letter of support from TradeStation Group, Inc, a part of Monex Group, Inc. (TYO:8698), in order to ensure that it is able to meet its obligations as necessary.
You can download the official announcement from TradeStation Europe by clicking here.