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LCG posts 2012 loss as revenues hit by low market volatility

20th February 2013 9:26 am GMT

London Capital Group Holdings (LCG) has reported a 27 per cent fall in revenues to £28.6m for 2012 following a 50 per cent drop in revenues from its core UK financial spread betting business during the second half of the year.

LCG said that 2012 proved to be a difficult year for the company, with financial results marked by a decline in customer trading activity, especially in the second half of the year.

The company recorded a [...]

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