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January 14, 2013 /PRNewswire/ --
London Capital Group Limited ("LCG"), one of the leading
spread betting and CFD providers, is pleased to announce that it has entered an agreement with BetVictor, to provide a white label financial spread trading platform. The trading platform is now live at
BetVictor is a major online betting business, turning over in excess of £1billion per year and with over half a million customers in over 160 different countries.
Through its new platform customers will now be able to trade indices, FX, equities, bonds and commodities via the BetVictor Financials website using the infrastructure of LCG's proprietary spread betting and CFD platform.
LCG is recognised as an industry leader in partnerships and in particular building white label solutions. This agreement is yet another example that shows LCG is a market leader in forming important and strategic partnerships designed to increase its client base and revenues derived from other jurisdictions, as well as the revenue stream for their partner. Other partners of LCG include bwin.party (Intertrader), Betfair (Tradefair), TD Direct Investing, Saxo Bank and Selftrade.
Simon Denham, Chief Executive at London Capital Group said: "BetVictor is recognised as one of the top online betting providers and we are delighted to enter into partnership with them. More and more companies - whether gaming or financial services - recognise the additional revenue and customer benefits of partnering with us to offer the financial spread betting and CFD products as a white label. Such partnerships remain a key part of our growth strategy, both in the UK and overseas."
Victor Chandler,Chairmanat BetVictor said: "We are delighted to partner with London Capital Group, who we have recognised as a leader in the provision of white label solutions to both financial and gaming operators. We recognise their product offering to be at the forefront of their industry as they, like us, embrace new technology and delivery. We certainly look forward to reaping the rewards of this new partnership."
BetVictor Financials a trading name of London Capital Group Limited, which is authorised and regulated by the Financial Services Authority. Today LCG has over 70,000 clients worldwide and offers a wide variety of financial trading products and platforms for retail, professional and institutional traders.