Trading Update

By

Regulatory News | 30 Apr, 2020

Updated : 07:05

RNS Number : 3905L
Jarvis Securities plc
30 April 2020
 

 

Jarvis Securities plc

("Jarvis" or "the Company")

TRADING UPDATE

Further to the announcement of 14 April 2020, in which the Company set out a more detailed update of its operations in light of COVID 19, the Company is pleased to confirm that due to the volatile  equity markets the Company has continued to experience higher trade volumes than originally forecast. Additional income from the higher trade volumes is also in excess of additional marginal trading costs. Whilst other income streams and costs remain in line with forecasts.

Accordingly, the Board of Jarvis is pleased to announce that the Company is trading ahead of market expectations for the current financial year.

ENDS

Enquiries:

Jarvis Securities plc        01892 510 515

Andrew Grant

Jolyon Head

WH Ireland Limited        0113 394 6600

Katy Mitchell

Darshan Patel

 

Notes:

Jarvis Securities plc is the holding company for Jarvis Investment Management Limited (AIM: JIM.L) a stock broking company and outsourced service provider for bespoke tailored financial administration. Jarvis was established in 1984 and is a member of the London Stock Exchange; a broker dealer member of NEX Exchange, authorised and regulated by the Financial Conduct Authority and an HM Revenue & Customs approved ISA manager. As well as normal retail broking Jarvis provides cost effective and flexible share trading facilities within ISA and SIPP wrappers.

Jarvis provides outsourced and partnered financial administration services to a number of third party organisations. These organisations include advisers, stockbrokers, banks and fund managers. Jarvis can tailor its administration processes to the requirements of each organisation and has a strong reputation for flexibility and cost-effectiveness.


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