Archive for January, 2008

Cantor settles £12.5m claim with former broker

January 29, 2008guidfarr No Comments »

A long-running legal dispute between Cantor Fitzgerald and the former head of the broker’s spreadbetting arm has been settled just hours before an employment…

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House prices to fall six per cent by June?

January 29, 2008guidfarr No Comments »

Spread betters house prices will fall six per cent by mid-June, reports Britain’s biggest spread betting firm.

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Sportingbet rumoured to have bought a stake in Pan Index

January 25, 2008guidfarr No Comments »

Mark Blandford’s buying spree continues; there are strong rumours that the founder of Sportingbet has bought a material interest in Asian-facing financial spreads-betting outfit Pan Index

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CMC Markets opens first office in Scotland

January 24, 2008guidfarr No Comments »

Tweet Financial spread betting specialists CMC Markets are opening their first office in Scotland this month as they continue to expand. The office will initially employ about six and the company will be targeting 25,000 active investors. CMC said they believed customers would find investing with contracts for difference and spread bets a more flexible […]

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Spread bet firm’s Rock boost

January 16, 2008guidfarr No Comments »

Spread betting firm IG Index has emerged as one winner from the Northern Rock disaster. It is reported that punters were placing up to 2,000 bets a day

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IG bets on volatility and China

January 16, 2008guidfarr No Comments »

IG Group, the spread-betting firm, is attempting to launch in China through a joint venture with one of the domestic Chinese banks.

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Citigroup sees costs squeezing IG Group

January 16, 2008guidfarr No Comments »

Citigroup has lowered its stance on IG Group to ‘hold’ from ‘buy’ and cut its price target on the stock to 400p from 425p, saying the spread betting firm faced higher costs.

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ETX Capital purchased by founding chief executive

January 10, 2008guidfarr No Comments »

ETX Capital announced that it has been acquired by its founding Chief Executive Robin Houldsworth and Peter Shalson, for an undisclosed sum

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Betfair moves into financial markets with launch of Tradefair

January 7, 2008guidfarr No Comments »

Betfair, the online betting exchange, has formed a new business, Tradefair, to provide a range of financial products…

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MF Global Acquires Financial Betting Company ChoiceOdds

January 7, 2008guidfarr No Comments »

MF Global Ltd. (NYSE: MF), the world’s leading futures and options broker, has acquired ChoiceOdds, a leading independent UK-based financial binary trading firm, subject to regulatory approval.

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Port – Spread Betting 2007: Experience becomes a priority under revised rules

January 1, 2008guidfarr No Comments »

Spread Betting firms might find it harder to get customers under the new regulatory scheme although the current market volatility is attracting plenty of rich…

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