London Capital Group Holdings PLC (LCG)

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Company Description

London Capital Group Holdings PLC is a company incorporated in the United Kingdomon July 04, 2005. The Company through its subsidiaries is engaged in providing online investment services to the trading community. The Company's core activity is the provision of spread betting and contract for difference (CFD) products based on financial market products. It provides online trading to both retail and professional clients through its financial spread betting brand, Capital Spreads. It also provides foreign exchange trading services to institutional private clients via LCG FX. The Company is also engaged in provision of strategic partnerships in the form of white label partnerships, introducing broker arrangements and affiliate marketing agreements. The Company's Products and services include; financial spread betting and contracts for difference (CFDs), UK; and institutional foreign exchange. Financial spread betting is a cost effective and tax free way for retail clients (private individuals) to trade the financial markets. Financial spread betting and contracts for differences segmental revenues are generated from the net of the gains and losses on the provision of the spread betting and CFD products, commission income, exchange gains and interest. Institutional foreign exchange segmental revenue is the commission income generated from the clients' FX trading...