Archive for September, 2008

IG Group to buy FXOnline Japan for $207 million

September 24, 2008guidfarr No Comments »

IG Group said Wednesday that it will acquire 87.5% of FXOnline Japan KK, a privately owned Japanese online retail FX trading company, for 21.9 billion yen ($207 million), or 112.2 million pounds.

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Short selling ban ‘will not work’

September 22, 2008guidfarr No Comments »

The ban on shortly selling will only provide a temporary solution to the current problems to the markets, according to UK-based financial spreadbetting firm ODL Markets.

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Fresh short-selling of financial stocks outlawed

September 22, 2008guidfarr No Comments »

A number of financial authorities have imposed emergency measures outlawing fresh short-selling of financial stocks and any increase in existing short positions across all types of financial products…

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TradIndex re-brands: ETX Capital

September 22, 2008guidfarr No Comments »

TradIndex is now known as ETX Capital…

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Delta Index to spread its business

September 16, 2008guidfarr No Comments »

Irish financial spread betting company Delta Index is preparing to start operating in Britain and Germany in the next few weeks.

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Cantor predicts 19% house price fall by 2010

September 10, 2008guidfarr No Comments »

Cantor Spreadfair, the housing spread betting firm which allows investors to bet on the Halifax House Price Index, is predicting house prices will fall 19% by 2010.

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UK spread better IG says Q1 revenue up 29 percent

September 9, 2008guidfarr No Comments »

British spread-betting firm IG Group said its first-quarter revenue rose 29 percent, helped by continued growth in client numbers.

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