The large spread betting group, IG Group, is predicting a thinning out in the ranks of spread betting exchanges.  Their theory is that the new Financial Services Authority (FSA) regulations mean that the spread betting groups are going to need to keep large amounts of cash on hold and that the small players will not be able to do this.
To quote the saying; he would say that, wouldn’t he?  IG Group is a large player in a sector where there’s not that much obvious advantage for a large player.  Sure …

Competition in financial spread betting is intensifying day by day and we hardly have to wait for a week before a new spread betting broker emerges or existing one cuts the spreads on popular markets.
It has hardly been a few months since Capital Spreads slashed their spreads on currency markets sending GBP/USD spread to just 2 pips and EUR/USD to the ultra tight spread of just 1 pip.
Just a few weeks back IG Index puts more pressure on Capital Spreads with introducing extremely …