City Index launches Day Trades on Equities

February 3, 2010Janice No Comments »

City Index has today launched ‘Day Trades’, a new offering designed for day traders, which will give 50% reduced margins and 20% lower spreads compared to standard City Index Equities spread bet products.

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IG Index Charting Package Upgrade

February 3, 2010Andy No Comments »

I see IG Index are adding a few new tools to Advanced Charts from tomorrow. I received an email this morning…

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ETX Capital tightens Spreads

January 29, 2010Peter No Comments »

ETX Capital has made some considerable reductions to many of their product spreads on some their most popularly traded markets.

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Spreadex cutting Margin Rates

January 29, 2010Andy No Comments »

Spreadex have announced that they will be cutting their margin rates starting next Monday on major indices and commodity markets.

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WorldSpreads Recruits Former CMC Markets Execs

January 29, 2010Janice No Comments »

WorldSpreads has expanded its team with a number of senior management appointments, persons which previously held senior roles at rival spread betting and CFD provider CMC Markets.

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E*TRADE exiting its Direct Online Brokerage Business

January 29, 2010Andy No Comments »

E*TRADE has decided to exit its direct online brokerage business for its UK share dealing service for equities, CFDs, spread betting and SIPP accounts.

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Lehman Brothers Ruling Stumbles FSA Probes Into Client Accounts

January 22, 2010Janice No Comments »

It appears that investigations by the UK FSA regulator into how spread betting providers segregate client monies have stumbled onto a wall in the aftermath of the Lehman Brothers Holdings Inc.’s bankruptcy…

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Lower Stop Distances at ShortsandLongs

January 21, 2010Andy No Comments »

ShortsandLongs has of today extended the hours one can place trades or amend orders. Not only that but tighter minimum stop distances are now possible.

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IG Group EBITDA up 34%

January 20, 2010Andy No Comments »

IG Group Holdings PLC owner of the IG Index financial-market spread betting brand, said first half-profit rose 33 percent as revenue from its Australian and European offices grew.

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London Capital signs 3-yr contract with PartyGaming

January 15, 2010Janice No Comments »

London Capital Group has signed a 3-year contract with Partygaming to provide the gaming giant with a white-label spread betting service…

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FSA to fine former Evolution Stock Guru

January 12, 2010Andy No Comments »

A former analyst at Evolution Securities committed market abuse when he passed insider information to a friend who used it to make £85,500 on spread bets…

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Joe Bloggs facing Bankruptcy

December 27, 2009Peter No Comments »

It is believed that Shami Ahmed, the founder of the Joe Bloggs brand is facing bankruptcy proceedings after spread betting providers chased him for millions of pounds

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WorldSpreads in Profit

December 23, 2009Andy No Comments »

Spread betting provider Worldspreads has reported profits before tax of €1.67m for the six months to the end of September, up 22% on the €1.37m…

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GFT’s New iPhone Application

December 22, 2009Janice No Comments »

GFT UK, the spread betting and CFD provider owned by Global Forex Trading has launched its latest version of the iPhone application for traders today

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City Index – Light at the end of the Tunnel?

December 21, 2009Andy No Comments »

City Index is thought to have incurred a £61.1m loss in the year to March 2009 as the company struggled with bad debts amidst the credit crunch.

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