Financial Spreads with 188BET

Posted on | July 20, 2010 |

WorldSpreads Group plc is pleased to announce that its UK subsidiary, WorldSpreads Limited (”WorldSpreads”), has signed an exclusive agreement with 188BET to provide a financial spread betting service to their global customer base.

Under the terms of this new partnership, WorldSpreads will provide 188BET’s clients with an online trading service which will offer highly competitive prices and the ability to trade the most popular financial markets including indices, currencies, equities and commodities. 188BET will promote this service to its extensive database of customers through its existing marketing channels under its own brand.

Conor Foley, Group CEO WorldSpreads, said: “We are delighted to form a partnership with one of the world’s leading bookmakers. 188BET is a genuine global player and we are confident that our product and service will prove to be extremely popular in Asian markets in addition to the UK and European markets where it is already market leading.”

Andy Scott, 188BET Chief Executive, said: “Financial spread betting is an obvious extension to our product offering and will be well received by 188BET customers. I’m delighted that we’ve found the ideal partner to offer these excellent products to our customers.”

Risk Warning - A spread trade is a margined product; it is possible to lose more than your initial margin deposit or credit allocation as well as any variation margin that you may be required to deposit from time to time. Therefore you should only speculate with money that you can afford to lose. Spread trading may not be suitable for all customers; therefore please ensure that you fully understand the risk involved and if necessary seek independent advice prior to entering into such transactions. When spread trading with WorldSpreads you are merely trading on the outcome of a financial instrument and therefore do not take delivery of any underlying instrument, nor are you entitled to any dividends payable or any other benefits related to the same.

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