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Excalibur Global Financial expects 54% YOY increase in FY'18 revenue

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.