FX Markets

GFI sees Q1 profits soar

NEWS

Although GFI does not break out foreign exchange results specifically, overall revenues were up 52% to $185.6 million for the quarter compared with the first quarter of 2005.

GFI said the increase in the first quarter of 2006 revenues reflected a 53% increase in brokerage revenues compared with Q1 2005, with extensive growth in all brokerage product categories and geographic regions.

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