Archive for March, 2009

Worldspreads to drop Sport Betting Division

March 31, 2009guidfarr No Comments »

Dublin-listed financial spread-betting firm Worldspreads says it has decided to exit its small sports spread betting division after a difficult year for the unit.

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CMC shuts sole branch in Scotland

March 28, 2009guidfarr No Comments »

CMC Markets is to close its Edinburgh office, its only branch in Scotland, but says it remains committed to doing business north of the border.

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IG Group tumbles as mature markets slow

March 10, 2009guidfarr No Comments »

IG Group said this morning that revenues increased 35% to £62 million for the three month period ended February 28th 2008…

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Credit Munch Big Macs Competition!

March 8, 2009guidfarr No Comments »

IG Group said this morning that revenues increased 35% to £62 million for the three month period ended February 28th 2008. But a group of City traders came up with a creative solution – by betting on how many Big Macs a colleague could eat.

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FXCM UK Now Offers Spread Betting

March 6, 2009guidfarr No Comments »

So now we have FXCM trying spread betting – only it is limited to forex at the moment…

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Michael Spencer forced to inject £70m as City Index clients default

March 2, 2009guidfarr No Comments »

Michael Spencer, the Conservative party treasurer, has been forced to inject £70m of his personal fortune into City Index after traders defaulted on tens of millions of pounds worth of trades.

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