London Capital Group Holdings said that it expects to report a 27 per cent drop in revenues to £28.6m for the full 2012 year, with the company continuing to experience suppressed trading volumes in the fourth quarter due to low market volatility.
Last October, the company warned that revenues for the third quarter of 2012 would be significantly below last year’s level as a result of suppressed trading volumes due to low market volatility.
This has continued [...]
