Greater London, England -- (SBWire) -- 05/02/2011 -- Spread betting and CFD trading provider City Index (http://www.cityindex.co.uk/) brings you the latest financial market news for April 19th

Operating revenue has rallied for Hargreaves Lansdown, which entered the FTSE 100 earlier this year.

The organisation revealed in its interim management statement for January 1st to April 15th 2011 that for the nine months ending March 31st, operating revenue stood at £150.3 million.

This is a 32 per cent increase on the same period in 2010, when operating revenue reached £113.9 million.

An interim dividend of £20.8 million was also paid out on April 6th and during the third quarter, the group stayed debt-free.

Following the news, Hargreaves Lansdown's share price had risen up the FTSE 100 by 1.74 per cent as of 09:46 BST.

Commenting on the results, chief executive of the financial services firm Ian Gorham said: "This year, earthquakes in the Pacific region, uncertainty around North Africa and the Middle East, looming spending cuts and flat stock markets should have formed a less-than-ideal backdrop for equity investment."

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