Archive for December, 2009

Joe Bloggs facing Bankruptcy

December 27, 2009Peter No Comments »

It is believed that Shami Ahmed, the founder of the Joe Bloggs brand is facing bankruptcy proceedings after spread betting providers chased him for millions of pounds

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WorldSpreads in Profit

December 23, 2009Andy No Comments »

Spread betting provider Worldspreads has reported profits before tax of €1.67m for the six months to the end of September, up 22% on the €1.37m…

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GFT’s New iPhone Application

December 22, 2009Janice No Comments »

GFT UK, the spread betting and CFD provider owned by Global Forex Trading has launched its latest version of the iPhone application for traders today

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City Index – Light at the end of the Tunnel?

December 21, 2009Andy No Comments »

City Index is thought to have incurred a £61.1m loss in the year to March 2009 as the company struggled with bad debts amidst the credit crunch.

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Happy Xmas – Segregation of Funds

December 21, 2009Peter No Comments »

Early 2009, the FSA had introduced new regulations as to when and how spread betting providers should use segregated accounts to look after client monies…

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IG Group Trading Up On Global Growth

December 11, 2009Peter No Comments »

IG said the growth over the second quarter had hit 12 percent against strong comparatives from last year…

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LCG: Profits Lagging, Revenues Up

December 7, 2009Andy No Comments »

London Capital Group released a trading update today warning that full year results will be below market expectations. The trading revenue remains strong and the group continues to make good profits…

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ShortsandLongs New Charting Package

December 4, 2009Andy No Comments »

ShortsandLongs has upgraded its trading platform with a sophisticated, new charting package – after results from a survey of spread bettors showed graphs to be the number one requirement for online traders.

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IG Index Improved Variable Spreads System

December 4, 2009Janice No Comments »

Earlier this year IG Index had introduced a variable spreads system for foreign currency pairs. The problem with this system was that spread betters often found out…

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ExtraBet – Limits cut on all Markets Online

December 3, 2009Peter No Comments »

Word is quickly spreading that there is a new corporate policy at Extrabet which severely limits stake size on sporting events.

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Spreadex Numbers keep Rolling

December 1, 2009Andy No Comments »

After recording best-ever overall betting figures in October, Spreadex has now hit a new milestone in the sports side of its business

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