Australian Bond Exchange Holdings (ASX:ABE) announced financial results for the quarter ended 30 September 2022.

Private client revenue reached a record high of $1.1 million for the quarter, an increase of 68% over the prior quarter and up 224% compared to the same period last year.

Growth was achieved through increased contributions from all private client revenue sources including brokerage revenue, trading margin, and bond product origination fees.

Launched the AUD denominated Marks & Spencer 6.0% Bond Linked Securities adding to ABE?s suite of unique first to market bond products.

Focused marketing efforts have resulted in a record number of new private clients.

Soft launch of self-service online trade portal through which private clients can directly trade bonds.

Strong debt-free balance sheet with available net cash of $8.4 million.

Following the announcement the company?s share price rose 1.818%.