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Worldspreads teams up with Ladbrokes

Financial spread betting - Worldspreads' new deal with Ladbrokes
Financial spread betting - Worldspreads' new deal with Ladbrokes

Worldspreads Group says its UK subsidiary Worldspreads Limited has signed an exclusive deal with Ladbrokes to provide its financial spread betting service to Ladbrokes' global customers.

Under the terms of the new partnership, Worldspreads will provide an online trading service, which will offer financial spread bets on market instruments such as stock exchanges, individual shares, currencies, commodities and interest rates.

Worldspreads CEO Conor Foley said that the deal is consistent with one of the company's long-term growth strategies which is to form alliances with companies that have complementary client databases.

'We look forward to working with the team at Ladbrokes in building an additional successful revenue channel for both them and us,' he added.