Shares in London Capital Group Holdings (LCG) gained more than 8 per cent in London this morning after the company said that it is making “good progress” in reshaping the business, which includes the disposal of its Australian business as well as the pending sale of its Gibraltar-based ProSpreads subsidiary.

A trading update released Thursday revealed that following difficult trading conditions during the second half of last year, 2013 has so far seen an increase in market volatility which has led to improved revenues and key performance indicators for the company.

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