Brokers EMEX, LLC issued a news release with select metrics for the third quarter of 2015, and among other things, said that the company posted Gross Margins that represent a 9% increase for Q3 2015 compared to Q3 2014 and a 9% increase overall for the first 3 quarters of 2015 compared to the first 3 quarters of 2014.
Net Margins saw a healthy 6% increase from Q3 2015 over Q3 2014, and a 14% net increase for the first 3 quarters of 2015 compared to the first 3 quarters of 2014, the company said
EMEX said that results were fueled by a significant increase in its government, non-profit, and asset management client base.
EMEX CFO, Brad Smith, stated, “The 2015 year-to-date power business posted double-digit increases over the same time period in 2014. The natural gas business stayed relatively flat year-to-date against same time period last year, although a doubling in activity for this segment occurred in September setting up a strong finish to the year.”