Archive for October, 2006

Brokers punt on growth of demand for spread betting

October 27, 2006guidfarr No Comments »

Stockbrokers are muscling in on the financial spread betting market, in a move that could entice mainstream investors into this risky arena.

Read More »

Global Trader sees potential in Thailand

October 16, 2006guidfarr No Comments »

Global Trader has set up a branch in Thailand with the approval of the Securities and Exchange Commission (SEC), but its expectations are modest for the moment.

Read More »

FSA to pay costs in Cyprotex case

October 11, 2006guidfarr No Comments »

Tweet The Financial Services Authority (FSA) will have to pay the full legal costs for two people it tried to fine for betting on a stock market flotation. In May, Paul Davidson and Ashley Tatham won an appeal at the Financial Services and Markets Tribunal. It overturned an earlier finding of the FSA that the […]

Read More »

Global Trader could be up for sale following approaches

October 10, 2006guidfarr No Comments »

Tweet Global Trader, the UK-listed online spread betting company, may be put up for sale after receiving several approaches from potential buyers. The company has hired independent investment bank Fenchurch Advisory Partners, who are expected to distribute an information memorandum within the next few days. Global Trader offers spread trading and contracts for difference services […]

Read More »

IG Group says it continues to perform strongly

October 3, 2006guidfarr No Comments »

Tweet LONDON (AFX) – IG Group Holdings PLC, owner of financial spread betting website IG Index said that both its financial and sports businesses have continued to perform strongly in the first four months of the financial year. ‘Both our financial and sports businesses have enjoyed revenues and levels of account opening substantially higher than […]

Read More »