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First Derivatives to take IEX listing

Northern Ireland company First Derivatives, which provides support and software services to financial institutions, has announced plans to list on the IEX market in Dublin next month.

Shares are expected to start trading on June 8. The company is already listed on London's AIM.

Earlier this year, the company said it expected its pre-tax profits for the year to the end of February to be ahead of market expectations. It reported pre-tax profits of £1.2m in the first half on revenues of £4.2m.