Archive for January, 2011

Worldspreads Warns on Revenue Slowdown

January 30, 2011Andy No Comments »

The CEO of spread betting group WorldSpreads has warned investors that revenues from its divisions in continental European markets haven’t risen as quickly as initially anticipated and that it may take some months before the performance improves.

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Trade2Win Members’ Choice Awards: Best Spread Betting Broker

January 25, 2011Janice No Comments »

Trade2Win have announced the T2W Members’ Choice Award Winners for 2010. These are products and services voted by real customers so the companies who win these awards are truly considered the best amongst active traders worldwide.

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City Index fined by FSA over failure to report trades

January 21, 2011Andy No Comments »

Spread betting and CFD provider City Index Ltd was fined £490,000 for failing to report transactions to the FSA. This was the latest in a series of fines on banking institutions and brokerage companies for not keep proper records.

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Japanese trouble rocks IG’s shares

January 20, 2011Peter No Comments »

Shares in spread betting firm IG Group took a battering earlier this week, as regulatory concerns in its Japanese division saw it rack up a loss in the first half of the year.

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Capital Spreads Introduces Guaranteed Stops!

January 18, 2011Andy No Comments »

Capital Spreads have introduced new functionality in the form of ‘Guaranteed Stop Orders’ to their trading platform.

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Sporting Index hires former Thomson Reuters President

January 11, 2011Andy No Comments »

Sporting Index Group has recruited former Thomson Reuters senior executive Mark Redwood to serve as its new non-executive chairman, replacing Richard Glynn who left the company in March 2010 to join Ladbrokes

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How spreadbetting helped snare the British Madoff

January 11, 2011Janice No Comments »

Yesterday Terry Freeman, the ‘British Bernie Madoff’, admitted conning clients out of £14 million with his fraudulent ‘Ponzi’ style scheme which was uncovered after a failed spreadbet.

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Spreadex Nominated in 2011 Betview Awards

January 7, 2011Andy No Comments »

Financial and sports spread betting Spreadex have again been selected as a finalist for ‘Online Company of the Year’ according to the 2010 Betview Awards.

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