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WorldSpreads expects full year loss as H2 revenues suffer

28th February 2012 10:00 am GMT

Shares in financial spread betting firm WorldSpreads have slumped by more than 18 per cent in London this morning after the company warned that it now anticipates reporting a loss for its full financial year following a disappointing performance during the second half of the year.

For the twelve month period ended January 31st, WorldSpreads said that transaction volumes increased by more than 60 per cent, active clients were up by more than 35 per cent, [...]

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