Saturday October 31, 2020

WorldSpreads cashing in on uncertainty in volatile markets

Many stocks have been left reeling by the market turmoil of recent months, but the very uncertainty which sent them into freefall has caused spread betting company WorldSpreads to produce a set of bumper interim results.

1st December, 2007

Many stocks have been left reeling by the market turmoil of recent months, but the very uncertainty which sent them into freefall has caused spread betting company WorldSpreads to produce a set of bumper interim results.

The Dublin-based company has seen its profits and share price soar since floating in August, and most of this growth has been fuelled by market and commodity unpredictability.

WorldSpreads chief executive Conor Foley said there was ‘‘far more buying...

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