London Capital milking market volatility

Spreadbetting firm London Capital Group(LCG) says revenues jumped 13pc in 2011 to hit 39m pound, as clients chanced their arm in volatile markets.

Spreadbetting firm London Capital Group(LCG) says revenues jumped 13pc in 2011 to hit 39m pound, as clients chanced their arm in volatile markets.

Adjusted profit before tax rose 9% to £7.1m at the company behind the Capital Spreads platform in the UK but which offers other products abroad, notably contracts for difference.

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