Archive for the ‘Industry Happenings’ Category

CMC, IG and Plus500: Perspectives on Proposed Regulatory Overhaul of Retail CFD Platforms

December 11, 2016Peter No Comments »

Limiting leverage to 25 x or 50x is very conservative and impactful to CFD providers. People who have gambled at 100x leverage will have been margined out rapidly. A fair few probably got the size of the bet wrong!

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FCA Crackdown hits Spread Betting Firms

December 9, 2016Andy No Comments »

Market leaders play down impact of proposed changes despite a share price drop of more than 40% at some companies.

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CMC Markets goes public with £691m value

February 5, 2016Peter No Comments »

CMC Markets is now a publicly listed company after trading for the first day on the London Stock Exchange.

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The +500M Pounds Fall of Plus500

June 6, 2015Vlad No Comments »

Plus500 troubles started when the company announced on its website that it had frozen client accounts in a move led by the Financial Conduct Authority (FCA), UK’s financial watchdog…

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DF Markets joins the action

March 22, 2014Janice No Comments »

A new spread betting company by the name of DF Markets has launched.

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London Capital Group Positioned for the Future

September 18, 2013Peter No Comments »

If you have been keeping up with the news, you will know that the London Capital Group (LCG) has been going through some rough times recently. This is partly because spread betting is becoming more established, and with this maturity is a decline in the exceptional growth which the industry…

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London Capital Group in Takeover Talks [Terminated]

February 15, 2013Peter No Comments »

LCG receives three preliminary approaches to buy business with Cantor Fitzgerald Europe, GAIN Capital, and City Index all being potential suitors

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London Capital Group launches white label with Selftrade

November 21, 2012Peter No Comments »

London Capital Group (LCG) has launched a new white label trading platform in collaboration with execution-only broker Selftrade, a UK-based subsidiary of European online stockbrokers Boursorama, one of Europe’s leading online stockbrokers and part of the Société Générale Group.

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London Capital Group & KAX Media announce CitySpreads

August 25, 2012Andy No Comments »

London Capital Group and KAX Media have announced a collaboration for a new financial spread betting service called CitySpreads.

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ETX Capital and Manchester United IPO

August 6, 2012Peter No Comments »

ETX Capital has announced that it has started quoting a grey market for the much-awaited Manchester United Initial Public Offering and will be offering clients the opportunity to take positions on the football club’s shares ahead of their listing on the New York Stock Exchange,

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MarketSpreads Resumes Trading as Suspension is Lifted

April 28, 2012Janice 1 Comment »

The Central Bank has removed its suspension on the trading license of Marketspreads, permitting the spread betting firm to re-open for business.

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Independent Report finds MarketSpreads Client Funds Intact – Updated

April 10, 2012Peter No Comments »

Grant Thornton confirms that client monies at MarketSpreads are segregated and intact.

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WorldSpreads Assets Attract Bid Interest – KPMG

March 20, 2012Andy No Comments »

A number of parties have expressed interest in acquiring some of the assets of WorldSpreads Group; the disgraced financial spread betting provider.

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Bigger Providers call for more Regulatory Oversight

March 20, 2012Peter No Comments »

IG Group, CMC Markets and London Capital Group, three of the country’s largest spread betting providers have called for stricter oversight of their industry following the collapse of smaller rival WorldSpreads.

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London Capital and IG Group distance themselves from WorldSpreads

March 19, 2012Andy No Comments »

Both IG Group and London Capital Group have stated that they have no commercial contracts of any nature with WorldSpreads and don’t have any direct financial exposure to the company.

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