Galway has come fifth in a survey of the top trading profits in the country. The survey was carried out by financial trading company Delta Index and showed that Wexford is leading the recovery out of the crash with an average trading profit nearly five times better than the national standard.

"In many ways, we are the perfect barometer for the economy. Traditionally our clients used their marginal funds to trade with us and we were an addition to an existing portfolio of shares and property. So we probably saw the crisis coming before most people, as liquidity dried up and risk tolerance fell.

"In the past 12 months however, we have seen this reverse as the number of trading clients has increased by almost 40 per cent from the low point in April last year but this is still well below the peak of September 2007," explained Managing Director Michael O'Shea.

As clients return to the markets to generate extra wealth, trading volumes have also picked up, with Delta Index seeing total trade volumes in the first five months of this year exceeding €3.8 billion, an increase of almost 80 per cent on the same period last year.

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