Fast Track

London Capital Group proposes Algoweb software licensing deal

15th September 2014 8:29 am GMT

Spread betting and CFD provider London Capital Group (LCG) has proposed to enter into an agreement to use software and services from Monaco-based Algoweb, which the company claims will improve its execution capabilities.

Algoweb was founded by LCG’s newly appointed chairman Charles-Henri Sabet, and his wife, who together own a 50 per cent share in the company which develops technology for use in financial markets.As a result, any agreement for LCG to use Algoweb’s software [...]

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