Strong results from JIM today (YoY revenues +19%, PBT +28%) reflect healthy trading and the meaningful platform the company has developed in both of its activities. JIM provides an efficient and cost-effective trading product together with an outsourced settlements and administration operation – the latter intended largely for wealth managers, including IHT and pension schemes, fund managers and stockbrokers. We view JIM as well-balanced between its twin operations, and note that in addition ....
