Facebook’s upcoming IPO is causing some excitement in IG Index and Spreadex’s grey market trading after the spread betting providers started a market in the stock.
Facebook’s upcoming IPO is causing some excitement in IG Index and Spreadex’s grey market trading after the spread betting providers started a market in the stock.
IG Index has launched a new major advertising marketing campaign designed by the company’s in-house team to promote the financial spread betting company.
CMC Markets has been announced as the winner of best CFD provider and best spread betting company categories by members of the Trade2Win trading community.
When brokerage firm MF Global collapsed on 31 October 2011, many of its UK spread betting clients were left wondering when — or even “if” — they would get their deposited funds returned.
As 2011 nears its end, City Index Chief Technical Analyst Sandy Jadeja summarises 2011 analysing the stock market from a technical viewpoint and delivers his thoughts on important benchmark markets like the FTSE 100, Wall Street, Gold, Crude Oil, EUR/USD for currency exchange rate and what may be in store for 2012.
Despite the worsening economic outlook in Europe and around the world, the number of spread betters and contracts for difference (CFD) traders continues to rise in the UK. 88,000 people used financial spread betting in the 12 months to July 2011, up from 83,000 in October 2010.
According to senior industry analysts, spread betting providers may end up being faced with more onerous capital requirements as the industry’s rapid expansion brings it under increasing spotlight.
Spread betting provider Pan Index has reportedly been fined €40,000 by the Central Bank of Ireland after it was found to have breached European regulations by failing to check that clients were suitable to trade CFDs before they were permitted to sign up for the service.
Charlie McCreevy, the former EU Commissioner and the man whom many gambling monopolies in the European Union feared has become a non-executive director of WorldSpreads Group
WorldSpreads has linked itself with UK stock market guru Alpesh Patel in an effort to support The British Asian Trust.
Regulators have raised concerns over compliance at some CFD and financial spread betting providers operating in Ireland.
A SCOT has been fined £1 million by the UK’s FSA for stock-market abuse. A former private client stockbroker, Mr Alexander discovered he could influence the price of spread bets in his favour by placing small equities orders in the same FTSE 250 stocks.
Gibraltar-based bookie Victor Chandler International has expanded its financial spread betting operations through a new deal with Cantor Gaming & Wagering, a division of Cantor Fitzgerald Group.
Peter Cruddas, the founder of CMC Markets Plc, was named by U.K. Prime Minister David Cameron’s Conservative Party as co-treasurer
London Capital Group Holdings plc the financial services and online spread betting provider behind Capital Spreads announced today that it has entered an agreement with leading UK stock broker TD Waterhouse.