UK 22:02 Friday, 6 November 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Two profit warnings by spread betting companies last month caught my eye. First, London Capital Group (LCG) blamed poor trading activity in March as being responsible for an 11% drop in spread betting and CFD trades compared to the year prior. Next, IG Group Holdings (IGG) blamed relative weakness since mid-March’s Interim Management Statement for “generally subdued” trading. IG Group noted that “the relative weakness [was] most evident in May”. But what do these warnings say about general conditions?
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Comments
wildrides
is it not the abolition of stamp duty on Aim shares that has signed the death cert for this sector . No need to bother now unless you want dangerous leverage . Statistics show most people trading this way are wiped out financially with in two years of starting . One good trade and they think they are God ……. but God does not like it and bites them on the arse later ….hard !