Archive for the ‘Industry Happenings’ Category

DF Markets joins the action

March 22, 2014Janice No Comments »

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

Read More »

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…

Read More »

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

Read More »

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.

Read More »

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.

Read More »

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,

Read More »

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.

Read More »

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.

Read More »

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.

Read More »

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.

Read More »

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.

Read More »

WorldSpreads placed in special Administration by FSA

March 19, 2012Peter No Comments »

WorldSpreads will be wound up after the discovery of a serious accounting fraud that left up to £13 million missing from its clients’ accounts.

Read More »

WorldSpreads Shares Suspended in Probe

March 16, 2012Peter No Comments »

Spread betting provider WorldSpreads Group suspended its shares from trading on Friday over possible financial irregularities identified just two days after the sudden resignation of its chief executive and co-founder.

Read More »

WorldSpreads CEO resigns

March 14, 2012Peter No Comments »

WorldSpreads Group Plc announced Wednesday that CEO Conor Foley has resigned from the Board of WorldSpreads with immediate effect to pursue other interests.

Read More »

FSA Accuses Seven Individuals of Insider Trading

March 7, 2012Janice 1 Comment »

On Monday several individuals were accused in London’s Southwark Crown court of having been participant in a one million pound fraud scheme while having access to private bank documents in one of the largest insider dealing cases ever brought forward by the FSA.

Read More »