London Capital Group and KAX Media have announced a collaboration for a new financial spread betting service called CitySpreads.
The partnership will see LCG bring its spread betting technology together with KAX Media’s online advertising and marketing expertise. The site, which will be launched in October, will benefit from the speed and security of LCG’s proprietary trading platform.
KAX chief executive Charles Gillespie commented: “After surveying the field of potential partners, LCG stood out as the obvious choice for our expansion into spread betting. We are very excited about the project and look forward to realising all the potential behind this great name with the great team at LCG.”
LCG’s CEO Simon Denham added: “We are very excited about this white label and look forward to working with KAX Media to make them a formidable force within the online trading industry.”
