Saturday November 28, 2020

Marketspreads boss remains hopeful company can re-open

The chief executive of suspended spread betting firm Marketspreads is confident that it can quickly get back to business and retain its biggest clients.

14th April, 2012

The chief executive of suspended spread betting firm Marketspreads is confident that it can quickly get back to business and retain its biggest clients, once the Central Bank's concerns over its 2009 accounts and capital adequacy are satisfied.

John McGlade told *The Sunday Business Post* that the company was devoting extra resources to completing its 2010 audit and working to strengthen its capital, but that the firm's fate was not entirely in the hands of its directors.

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