Excalibur Global Financial Holdings Ltd. expects an approximately 54% year-over-year increase in revenue for the year ended Dec. 31, 2018.
The Hong Kong-based company said Jan. 8 that the expected increase in revenue is primarily attributable to the substantial increase in trading fee from clients for the execution of futures contracts as a result of the increase in trade volume.
The company is expected to release its full-year results before the end of March.