Archive for August, 2007

TD Waterhouse has introduced quarterly bets to its Financial Spread Betting service

August 31, 2007guidfarr No Comments »

Execution-only broker TD Waterhouse has introduced a facility to make quarterly bets within its Financial Spread Betting service.

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City punters catch a cold in markets turmoil

August 18, 2007guidfarr No Comments »

Spread betting punters suffered one of their worst ever day’s speculation this week after thousands of City traders and amateur investors placed aggressive bets that the stock market would recover on Thursday

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Beating the Bookies – Sporting Index

August 16, 2007guidfarr No Comments »

It just wasn’t cricket. Or at least, spread betting firm Sporting Index didn’t think so, less than a month after it launched its dedicated Irish website.

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London Capital H1 pretax profit doubles

August 10, 2007guidfarr No Comments »

London Capital Group Holdings PLC said its first-half pretax profit more than doubled with its main brands performing above expectations and that it has started the second half of the year well.

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Cantor Fitzgerald Increasing Margin Requirements to 20%

August 8, 2007guidfarr No Comments »

antor Fitzgerald said yesterday it was effectively doubling the amount of money that must be held on deposit when trading FTSE 100 stocks via spread betting or contracts for difference.

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EURO Million Outstanding from Worldspreads Clients

August 6, 2007guidfarr No Comments »

Worldspreads is currently in litigation to recover over Euro 1 million from 2 debtors. The figures are significant, given that WorldSpreads made a profit of Euro 530 000 on revenue of Euro 6.6 million last year.

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WorldSpreads moves to AIM

August 3, 2007guidfarr No Comments »

WorldSpreads, the London and Dublin-based spread betting firm, has debuted on AIM, having raised £5.77m of new money at 47p a share.

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Global Trader sold for EUR36m

August 1, 2007guidfarr No Comments »

Financial services group Purple Capital has bought CFD and spread betting provider Global Trader for EUR36m…

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