LeapRate Exclusive… LeapRate has learned via regulatory filings that FCA regulated financial and sports spread betting company Spreadex saw significant top line Revenue growth of 17% in its latest Fiscal year ended May 31, 2018. That, following a 2017 year where Revenues were flat. Overall, Spreadex brought in £58.9 million in Revenue in 2018, as noted up 17%…
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In one of the more interesting Forex Industry News weeks of the year, we reported on angry clients taking employees of a Forex brokerage hostage in Shanghai - an episode which lasted a full five days. We also had more standard stuff - FX broker results and analysis, a major Forex Sports Sponsorship announced, management…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that FCA regulated financial and sports spread betting company Spreadex saw no growth in its latest Fiscal year ended May 31, 2017. However Spreadex continued to generate healthy profits, up slightly from the previous year. Overall, Spreadex brought in £50.276 million in Revenue in 2017, virtually identical to last…
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FCA regulated financial spread betting company Spreadex has announced the addition of Price Alerts to its desktop platform. By setting a Price Alert, Spreadex's clients can receive an email, text or platform notification whenever a market reaches a level specified by them. Price Alerts will also be rolled out to Spreadex's mobile platform in the…
Read moreLeapRate Exclusive... Last time we shared Spreadex annual report was 2015 and the comment was that the year was good for the shareholders of Spreadex.com. Well, since we're about to share their latest report, this year good should be replaced with great. UK sports and financial spreadbetting company Spreadex Limited, which has a May 31 financial year end,…
Read moreSpreadex paid out dividends of more than £20 million to shareholders over the past year.
Read moreToday should be a very interesting day in the corporate history of UK spreadbetting firm London Capital Group (LON:LCG). Today's general meeting and shareholder vote will likely determine the fate of LCG - primarily, whether or not it ends up being 'rescued' by a £17.5 million investment to be made by an investor group led…
Read moreRamping up pressure on the board and shareholders of London Capital Group (LON:LCG), online sports betting and financial spread betting firm Spreadex confirmed that it had indeed recently made a proposal to acquire LCG, and was rejected by LCG's board. Spreadex's offer was all-cash, at £0.30 (30 pence) per share, representing a 46% premium to…
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