Volatility stemming from the outbreak of coronavirus has contributed to an earnings increase at LMAX Group, an operator of foreign exchange and cryptocurrency trading venues.

The group's earnings before interest, taxes, depreciation, and amortisation rose 13% to $13.5m in the first six months of the year, while gross profits grew to $28.9m for the six months to 30 June, up 10% from the same period the previous year.