So if they convert FOREX for customers, AUD:USD, they call it 'brokerage fees in equity exchange markets'.
It's a plausible explanation, when the US election was pretty crazy, so maybe people trading US shares. Either higher US trades brokerage revenue, or higher FOREX commissions from converting cash for US trades.
Now what's up with the spike in expenses? They didn't detail it? I was trying to work out whether the business improved, to suggest whether the take-over is likely to go ahead fairly risk free.
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