Smithfield takes on LCG account

Spread betting company London Capital Group has hired Smithfield to handle its corporate and financial comms just two months after the group’s flotation on AIM.

LCG provides spread betting products to retail clients through its Capital Spreads brand, but it also provides derivative and foreign exchange products to the institutional market.

There are estimated to be around 100,000 active spread betters and the market is growing at a rate of 20-25 per cent a year.The majority of Capital Spreads customers are male, with an average age of 38.

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