Archive for July, 2009

Spread betting complaints rise in UK

July 31, 2009Tony Loton No Comments »

Spread betting has been exploding in popularity. Although the number of complaints relating to spread betting received by the UK’s financial ombudsman is relatively low, it doubled to 108 in the year to March 31st.

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Global Trader Europe ‘fiasco’ finally at end

July 27, 2009guidfarr 1 Comment »

Up to 400 former customers of failed derivatives broker Global Trade Europe (GTE) are set for compensation payouts.

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IG Group Upbeat On FY10 Despite Lower Market Volatility

July 27, 2009guidfarr No Comments »

British financial services firm IG Group (IGG.L) lifted its total dividend by a quarter on Tuesday after its profit rose 17 percent for its latest financial year, in-line with market expectations.

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Trinitas Capital sells Trading Technology to IG Group

July 10, 2009guidfarr No Comments »

Bets4Traders bites the dust! Never really had faith in their platform anyway, way too clunky for the average Joe to use.

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London Capital Group Holdings maintains interim dividend

July 8, 2009guidfarr No Comments »

In a trading update for the half year to 30 June, London Capital Group Holdings said it anticipates that profit before tax and share based payments will be approximately £3.75m, compared with £5.9m for the same period last year.

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WorldSpreads Revenues Up 39% on International Growth

July 1, 2009guidfarr No Comments »

Spread betting firm WorldSpreads has reported pre-tax profits of €4.56m for the year ending March 2009, up from a restated figure of €2.28m the previous year.

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