London Capital Group & KAX Media announce CitySpreads

August 24, 2012 | Sarah Blackburn

London Capital Group (LCG) and KAX Media today announce a collaboration for a new financial spread betting service called CitySpreads to be located at

The collaboration will see LCG bring its state of the art spread betting technology together with KAX Media’s online advertising and marketing expertise. The site, to be launched in October will benefit from the speed and security of LCG’s proprietary trading platform.

KAX Chief Executive Charles Gillespie comments, “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 realizing all the potential behind this great name with the great team at LCG.”

LCG’s CEO Simon Denham comments, “In choosing us as their platform provider KAX Media have shown that, once again, LCG is the partner of choice for those looking to launch into the financial spread betting sector. 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.”