Betfair.com plans to expand its business have taken the company to look for all possible and best ways to reach the top, in a media release performed by Frank Chapman, Chief Executive Officer for London Capital Group Holdings, this movement represents a giant step for the company as it could speed up the growth in spread betting clients beyond current forecasts.

Betfair.com is the world’s largest online betting exchange and is driven by cutting-edge technology enabling customers to choose their own odds and bet against each other even after an event has started. The London-based firm processes five million transactions a day and more than 300 bets a second. Betfair.com used a third-party provider to establish its poker product before converting it to its own platform and there is every reason to believe, read a ‘buy’ note issued by house brokers Cenkos, that the company has the same intention with spread betting.

London Capital Group Holdings is a rapidly growing financial services company offering online trading services. Its core activity is the provision of spread betting products on the financial markets to retail clients under the trading name Capital Spreads. Other divisions provide online foreign exchange trading services to institutional and intermediate clients under the Capital Forex brand and institutional derivatives broking under the name Capital Derivatives.