Advertisement
UK markets closed

  • FTSE 100

    8,213.49
    +41.34 (+0.51%)
     

  • FTSE 250

    20,164.54
    +112.21 (+0.56%)
     

  • AIM

    771.53
    +3.42 (+0.45%)
     

  • GBP/EUR

    1.1652
    -0.0031 (-0.26%)
     

  • GBP/USD

    1.2546
    +0.0013 (+0.11%)
     

  • Bitcoin GBP

    50,725.94
    +299.48 (+0.59%)
     

  • CMC Crypto 200

    1,327.53
    +50.55 (+3.96%)
     

  • S&P 500

    5,127.79
    +63.59 (+1.26%)
     

  • DOW

    38,675.68
    +450.02 (+1.18%)
     

  • CRUDE OIL

    77.99
    -0.96 (-1.22%)
     

  • GOLD FUTURES

    2,310.10
    +0.50 (+0.02%)
     

  • NIKKEI 225

    38,236.07
    -37.98 (-0.10%)
     

  • HANG SENG

    18,475.92
    +268.79 (+1.48%)
     

  • DAX

    18,001.60
    +105.10 (+0.59%)
     

  • CAC 40

    7,957.57
    +42.92 (+0.54%)
     
BRANDS:

Meet one of the UK’s largest unknown start-ups

Video editing platform Veed has grown to 10 million users

Trading software maker Fidessa's profit hit by strong pound

Reuters - UK Focus

Feb 16 (Reuters) - Fidessa Group Plc (LSE: FDSA.L - news) , a maker of trading software for the financial industry, reported a 9 percent drop in full-year pretax profit as a strong pound more than offset gains from improved market conditions.

The company, which helps process transactions worth $15 trillion a year, said its pretax profit fell to 39.1 million pounds ($60.3 million) for the year ended Dec (Shanghai: 600875.SS - news) . 31 from 43.1 million pounds a year earlier.

Revenue fell 1 percent to 275 million pounds. ($1 = 0.6483 pounds) (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Ted Kerr)