WorldSpreads Group Plc announced Wednesday that CEO Conor Foley has resigned from the Board of WorldSpreads with immediate effect to pursue other interests.
On Monday several individuals were accused in London’s Southwark Crown court of having been participant in a one million pound fraud scheme while having access to private bank documents in one of the largest insider dealing cases ever brought forward by the FSA.
CMC Markets has launched a dedicated Android spread betting application to compliment its existing iPhone and iPad trading platforms.
Capital Spreads has tightened the spreads on over 30 of the spread betting provider’s currency pairs meaning that ‘clients now have tighter fixed spreads for longer’.
WorldSpreads Group anticipates that it will be registering a loss for the full year ending 31 March 2012 and has this morning announced the resignation of Chief Financial Officer and director Niall O’Kelly after eight years with the group.
Online trading and derivatives company London Capital Group bounced back from a somewhat difficult 2010, with market turbulence having helped the financial spread betting and CFDs provider post record trade volumes in the second half of the year and a 9% increase in underlying full-year operating profit.
The FSA has filed an interim injunction at the High Court against the Churchgate Trading Syndicate. Regulator says there is evidence to suggest two traders have accepted approximately £5m from UK investors.
Following the collapse of brokerage firm MF Global, we now know that as part of the winding down process the UK client list of MF Global has been passed on to a former rival spread betting form: Spreadex.
I don’t remember receiving an email about this,, but I got a call yesterday from a pleasant lady at Cantor Index to tell me about the new trading platform they had been working on.
Facebook’s upcoming IPO is causing some excitement in IG Index and Spreadex’s grey market trading after the spread betting providers started a market in the stock.
IG Index has launched a new major advertising marketing campaign designed by the company’s in-house team to promote the financial spread betting company.
Irish based spread betting provider Marketspreads is suing former company executives Brian O’Neill and Fergus Rice for an amount equivalent to €1.4 million that they routed from the enterprise to another company in which they were involved.
CMC Markets has been announced as the winner of best CFD provider and best spread betting company categories by members of the Trade2Win trading community.
InterTrader has launched a online training course targeted to traders of all levels. Hosted by expert trader Steve Ruffley The Building Blocks of Trading consists of five two-hour sessions every Tuesday, beginning on 17th January and finalising on February 14th
When brokerage firm MF Global collapsed on 31 October 2011, many of its UK spread betting clients were left wondering when — or even “if” — they would get their deposited funds returned.
