Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Simon English: WorldSpreads should open the book on Foley

Thursday 15 March 2012 01:00 GMT
Comments

Outlook: WorldSpreads should open the book on Foley

Farewell Conor Foley, the likable, and jovial chief executive of spread betting house WorldSpreads.

He quit yesterday, just two weeks after the firm unveiled a profit warning it blamed on "an unusual pattern of client trading".

A statement said that Mr Foley, still the company's largest shareholder, has left "with immediate effect to pursue other interests".

More information than this may need to be forthcoming.

What were those unusual patterns? Is there anything else to declare? I merely ask.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in