28th Jan 2010 07:00
London Capital Group Holdings plc ("LCG") Continuation of E\* TRADE white label
TD Waterhouse has today announced that it will be acquiring the UK customer base of E\* Trade Securities Limited (UK). LCG, which currently provides the financial spread betting service to E\* TRADE's UK customers, is pleased to announce that TD Waterhouse has confirmed that LCG will continue to provide this service to those customers following the completion of the acquisition.
For further information, please contact:
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Smithfield Consultants |
020 7360 4900 |
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John Kiely, Gemma Froggatt |
Notes to Editors:
London Capital Group Holdings plc (hereafter "LCGH plc" or "LCG" or "London Capital Group" or "the Group") is a rapidly growing financial services company offering online trading services. Its core activity is the provision of spread betting products on the financial markets to retail clients under the trading names Capital Spreads and FuturesBetting.com (FBc). Its other divisions provide online foreign exchange trading services to institutional and intermediate clients and also institutional derivatives broking.
London Capital Group Limited, a wholly owned trading subsidiary of LCGH plc, is regulated and authorised by the Financial Services Authority. It has a European passport and is a member of the London Stock Exchange. London Capital Group Limited also has access to international markets through its global clearing relationships. FBc is regulated and authorised by the Financial Services Commission in Gibraltar.
LCGH plc is listed on the London Stock Exchange's AIM market. LCG is included in the General Financial sector (8770) and Speciality Finance sub sector (8775) and has a RIC code of LCG.L.
Related Shares:
London Capital Group Holdings