Winterflood Securities, the marketmaking division of Close Brothers,  has cashed in on the stock market's current love affair with high-tech and internet companies, reports the WSJ.

The merchant bank said yesterday that higher than expected levels of trading on small company stocks meant that Winterflood would contribute 65% of the group's first-half operating profits, compared to 32% last time.

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Winterflood cashes in on high-tech boom

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