An upturn in internet trading volumes has boosted pre-tax profits for Comdirect, the online brokerage owned by German bank Commerzbank, after private investors flooded back into the market in the second quarter.

Comdirect posted second quarter pre-tax profits of €10.4m ($11.8m), more than double the €4.7m it made in the first quarter. According to Achim Kassow, Comdirect's chief executive, it is the best quarterly result since the company went public.

Online trading volumes boost Comdirect profits

Sophie Brodie

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