Alpha FX trading upwards as it looks to exceed guidance

AIM-listed forex firm Alpha FX (LON:AFX) has risen by 7.06% to 910p (as of 15:00 BST) after it said that trading has continued strongly heading in to the final months of the year. Growth continued to be driven by the UK corporate business as well as European corporate clients serviced from the London office.

Management said that the recently launched Canadian operations and Alpha Pay were making positive contributions to the group. As a result of these conditions, management said that earnings for 2019 will be ahead of previous guidance.