1999 headquarters st albans hertfordshire uk key people jonathan hufford managing director products financial spread betting sports spread betting fixed odds betting casino number of employees 100 website www.spreadex.com spreadex ltd is a british based company that offers financial spread betting sports spread betting and sports fixed odds betting . contents 1 history 2 operations 3 regulation 4 references 5 external links history edit spreadex commenced trading in 1999 in dunstable bedfordshire . 1 the business was founded by former city dealer jonathan hufford . 1 he decided to set up his own company with the intention of making spread betting more accessible . 2 in may 2006 spreadex launched an online sports betting service and followed that by launching a financial online trading platform soon after . 1 spreadex was listed in the sunday times pricewaterhousecoopers profit track 100 for three years in succession . in 2006 spreadex finished 34th ; 3 in 2007 they finished 23rd 4 and in 2008 they finished in 49th place . 5 in february 2008 spreadex moved to offices in st albans hertfordshire and followed this by opening an office in liverpool in 2010 . 6 in february 2010 spreadex piloted a jetmiles scheme which allowed their clients to earn flight time in a private jet from their trading . 7 in may 2010 spreadex launched a full fixed odds sports betting service allowing bets to be placed in both fractional and decimal format . 8 in june 2011 spreadex acquired the client database of extrabet the sports betting arm of ig group . 9 in september 2011 spreadex introduced an online casino featuring table card slot video poker instant win games and a live dealer service . 10 in january 2012 spreadex purchased the client database of bankrupt company mf global spreads from administrator kpmg . 11 in november 2012 spreadex won the investment trends award for best customer service for the second year running . 12 in march 2013 spreadex purchased the non equities business of rival spread betting firm cantor index . 13 in april 2013 spreadex was the first firm to launch leveraged trading on bitcoin . 14 in july 2014 spreadex reported record annual accounts 18.5 m profit before tax from a turnover of 35.4 m. this was a 30 % increase from the previous year . 15 in october 2014 to accommodate the firm s growing workforce spreadex moved to a larger newly refurbished office in st albans . the location of the office remains a short train journey from central london . 16 the same month spreadex released its new financial fixed odds markets also referred to as speed markets 17 allowing clients to place fixed risk bets on financial markets . in april 2016 the firm won the city of london wealth management award for best spread betting provider . 18 in july 2016 spreadex reported record annual accounts . results for the year ending may 31 2016 show that spreadex saw turnover leap from 40.5 million to 50.3 million . pre tax profits soared from 22million to 27.1 million . 19 operations edit spreadex has operated from st albans hertfordshire since february 2008 after originally being located in dunstable . spreadex takes bets via telephone mobile and their website . 20 spreadex owns financial spread betting company www.shortsandlongs.com which was launched in october 2008 . 21 the client database of shortsandlongs was transferred to spreadex in march 2012 to consolidate its business . 22 spreadex also operates a fixed odds betting pitch at kempton park racecourse . 23 regulation edit spreadex ltd is authorised and regulated by the uk s financial conduct authority fca . 24 spreadex ltd is licensed and regulated by the gambling commission to provide fixed odds and casino betting licence no 000 008835 r 104580 004 . 24 in relation to casino betting outside of the uk spreadex ltd is operating under an alderney gambling control commission approved business association with agcc class ii license holder net entertainment alderney ltd license 084 . 24 references edit a b c spreadex website company history city am schoolboy bookie who turned spread betting evangelist spreadex 34th in profit track 100 spreadex 23rd in profit track 100 spreadex 49th in profit track 100 st albans review growing betting firm choses st albans evening standard bets which let you reach for the sky spreadex launch fixed odds yahoo finance spreadex acquires extrabet customers spreadex debuts online casino 1 investors intelligence spreadex wins national accolate for second year running spreadex acquires cantor index clients spreadex first firm to offer leveraged trading on bitcoin pre tax profits increase by 30 % at spreadex . spreadex contact us spreadex speed market information page sbc news spreadex picks up best spread betting provider award this is money spreadex turnover soars spreadex moves to st albans shortsandlongs shortsandlongs transferred to spreadex spreadex betview 2011 awards a b c spreadex homepage external links edit spreadex website shortsandlongs website retrieved from https en.wikipedia.org w index.php title spreadex & oldid 743944032 categories gambling companies of the united kingdomfinancial services companies of the united kingdomfinancial derivative trading companiesfinancial services companies established in 1999hidden categories use dmy dates from may 2015use british english from may 2015 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 12 october 2016 at 04 28 . text is available under the creative 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