London Capital Launches SaxoSpreads.com
By Staff
Online financial spread betting firm London Capital Group Holdings has announced a white-label agreement with Saxo Bank that will see the launch of a trading platform at SaxoSpreads.com.

Saxo is a global investment firm specialising in online trading and stated that the new Internet platform is now live.

This deal is the latest in a string of white-label contracts London Capital has signed with financial businesses. It agreed two exclusive deals in the autumn with operators Betfair and Paddy Power while reporting a 52 percent rise in first-half pre-tax profits on a 54 percent rise in turnover.

“While we are mindful of the economic climate, we continue to be encouraged by current trading conditions,” Frank Chapman, Chief Executive Officer for London Capital Group, said in August.

”Betting volumes continue to rise month on month and our flexible offering, strong brand, extensive reach via our white-label partners and tight spreads are all proving very attractive to our client base.”

London Capital’s core activity is the provision of spread betting products on the financial markets to retail clients under the name Capital Spreads. Its other divisions provide online foreign exchange trading services to institutional and intermediate clients alongside institutional derivatives and equities brokering.

 
 
 
 
 
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