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Coronavirus impact: 14 April - another stockbroker benefits from the volatility

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Despite many of their staff working from home, stockbrokers continue to reap rewards from the increased volatility on global stocks markets and are some of the few companies still able to commit to dividends.

Jarvis: stock market volatility offers a boost

In an open letter to shareholders, stockbroker Jarvis Securities (LON:JIM), has reassured that it is business as usual, despite the majority of staff working from home. The group has benefited from a marked increase in trade volumes following the election result in December and due to the recent heightened market volatility. Somewhat surprisingly, it also believes that the reduction in base rates should have a negligible effect on interest…

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