Exclusive: LCG sees positive cash flow in H2-2024, to report annual profit
LCG moved to an Introducer model under new managers Dave Worsfold and Matt Basi in 2023.
LCG moved to an Introducer model under new managers Dave Worsfold and Matt Basi in 2023.
The halt in operations at LCG last month occurred in the aftermath of the bankruptcy of the company’s parent FlowBank in Switzerland.
Starting July 1, LCG will effectively become an introducing broker to (former) rival IG Group (LON:IGG).
LCG is controlled by Swiss neobank Flowbank SA, which is run by former LCG CEO Charles-Henri Sabet.
Dave Worsfold joined ADSS just over a year ago, following a 10-year career at CMC Markets where he was Director Of Operations.