LONDON (ShareCast) - (Sharecast News) - Foreign exchange risk management and alternative banking company Alpha FX updated the market on the year-to-date on Thursday, reporting that trading in the first five months of 2021 was "very positive" across the business.
The AIM-traded firm said the institutional and Alpha Platform Solutions divisions in the UK, along with its overseas offices in Canada and Amsterdam, had all delivered "excellent" year-on-year growth.

Its more established corporate division had also demonstrated "strong" growth, the board said, as well as being the "talent incubator for future leaders" to launch Alpha FX into new markets.

"As a result of the performance to date, the board is optimistic that, providing the situation under Covid-19 does not deteriorate, the group is on track to exceed current expectations for the full year," the directors said in their statement.

Alpha FX said it would publish a further update on trading after the half-year in mid-July, with interim results published in early September.

At 1214 BST, shares in Alpha FX Group were up 5.47% at 1,582p.

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