User:Matt06012011/Spreadex

Spreadex Ltd is a British-based company that offers financial spread betting, Forex trading, sports spread betting and sports fixed-odds betting.

History
Spreadex commenced trading in 1999 in Dunstable, Bedfordshire.

The business was founded by former City dealer Jonathan Hufford. He decided to set up his own company with the intention of making spread betting more accessible.

In May 2006, Spreadex launched its online sports betting service, enabling customers to place bets from a PC via a safe and secure system and following that by launching their financial online trading platform soon after.

This period marked strong growth and expansion for the firm and Spreadex was listed in the Sunday Times PWC Profit Track 100 for three years in succession.

In February 2008 Spreadex moved to £1.2m offices in St Albans, Hertfordshire and followed this by opening an office in Liverpool in 2010.

In February 2010 Spreadex piloted its JetMiles scheme which allowed its clients to earn flight time in a Cessna Citation X private jet.

In May 2010, Spreadex launched a full fixed odds sports betting service allowing bets to be placed in both fractional and decimal format.

In December 2010 the company’s Mobile Sports Betting Platform went live, allowing clients to bet via their iPhone or smartphone.

Operations
Spreadex has operated from St Albans, Hertfordshire since February 2008 and has a satellite office based in Liverpool. Spreadex takes bets via telephone, mobile and via their website.

Spreadex own financial spread betting company ShortsandLongs www.shortsandlongs.com which was launched in October 2008, the first company to offer free guaranteed stop losses to every customer with every trade.

Regulation
Spreadex Ltd is authorised and regulated by the UK’s Financial Services Authority (FSA).

Spreadex Ltd is licensed and regulated by the gambling commission to provide fixed-odds betting, licence no 000-008835-R-104580-002.