Posted by: Stephanie Quong in Gambling Articles on January 15th, 2012
London Capital Group (LCG); the mother company behind Capital Spreads saw UK financial spread betting trades reach record levels in the financial year ended 31 December, the company revealed in its full-year trading update this morning.
London Capital Group Holdings plc (LCG) has reported a 13% rise in revenues to £39.0m for the year ended December 31st 2011, following considerable growth witnessed during the second half of the financial year as a result of market volatility.
Revenue for the second half of the year 2011 was up 52% to £20.7m buoyed by market volatility, helping the company register a 13% increase in full year revenues to £39.0m. Av