29-09-2007 WorldSpreads reports first half profits significantly ahead of original management expectations

The financial spread trading firm, which also owns the Sports Spread and Supreme Odds betting sites, said the performance has been achieved by strong growth in the group’s key performance drivers, including client acquisition and client trading activity.

WorldSpreads also said that although the recent market volatility has aided the performance, it remains confident about the group’s prospects for the second half of the financial year.

Founded in 2000, WorldSpreads telephone and online financial betting on individual shares, stock indices, currencies, commodities and interest rates. The company has offices in London, Dublin, and Athens and joint venture arrangements with partners in Spain, Germany, Austria, Hungary and South Africa.