Media Suite
Welcome to the paddypowertrader.com Media Suite. Here you will find the latest press releases, interactive downloads, company information and media coverage.
Contact Details
For all Press Enquiries contact:
Michelle Daly,
Communications Manager,
paddypowertrader.com
Tel : +353 1 404 5900
Mob : +353 87 952 9050
Email : mdaly2@paddypower.com
Press Releases
SPREAD BETTING GOLD RUSH TAKES HOLD
Precious metals’ trading proves magnetic for financial spread bettors
23.09.2008
Spread bettors have been delving into gold trades, as the precious metal rose in price this week. The rise in gold has been attributed to a fall in the dollar and volatile equity markets. The crisis in banking has also revived some investment demand for the precious metal.
While the dollar has again weakened against the euro, to trade at 1EUR to 1.48 USD, some speculators have been delving into gold as a safe haven for investment. The financial spread betting firm, paddypowertrader.com, says that it has watched spread bettors move into commodities in growing numbers over the past few days: Gold trades on paddypowertrader.com are up a whopping 266% in the last month alone.
DownloadDate Added: September 23rd 2008.
Paddypowertrader.com watches equity trading increase despite new trading restrictions
21.09.08
Paddy Power’s new financial spread betting venture, paddypowertrader.com has been following the movement of its client base closely since the decision of both the Financial Services Authority and the Irish Financial Regulator to prohibit short selling of stocks on publicly quoted financial stocks from midnight Thursday night. The considerable volatility in the markets, particularly the banking sector, has driven the regulators to take action. paddypowertrader.com is a joint venture between Paddy Power, Ireland’s largest bookmaker, and London Capital Group (LCG). LCG is regulated and authorised by the Financial Services Authority (FSA). As a result paddypowertrader has suspended the short selling of 29 UK registered financial stocks from midnight on Thursday the 19th of September 2008. It also complies with rules introduced by the Irish Financial Regulator on the same date prohibiting the short selling of stocks on Irish publicly quoted banks DownloadDate Added: September 22nd 2008.
BANKING SECTOR STORM TRIGGERS SPREAD BETTING TSUNAMI
Paddypowertrader.com sees an increase in trading of banking equities as market storm clouds gather
16.09.08
Paddy Power’s financial spread betting venture, paddypowertrader.com has seen a 110% increase in clients placing equity trades in the past 24 hours. Recent international market turmoil in the banking sector has encouraged speculation among spread bettors according to the online financial spread betting company. “We have seen an increase of 110% in banking shares, as well as those short selling both the UK and US indices, on an average trading day. At the top of the list of those being traded are Merrill Lynch, Insurance giant AIG, Allied Irish Bank, Anglo Irish Bank, Barclays and Alliance & Leicester. The eye of the storm still centres on Merrill Lynch and Lehman Bros. These colossal investment banks are being flooded by huge losses accumulated since the credit crunch began. Lehman Bros has filed for Chapter 11 Bankruptcy, bringing over 150 years of the fourth largest investment bank in the US to an end. Meanwhile other banks such as Merrill Lynch, who are to be bought by Bank of America at a cost of $50bn, are still very vulnerable. Spread bettors have really been able to gain from the see-saw movements in the market,” said Davin McAnaney, Commercial Manager of paddypowertrader.com.
DownloadDate Added: September 16th 2008.
SPREAD BETTORS POISED TO BOUNCE WITH FANNIE AND FREDDIE
Irish traders engage with global markets movement at paddypowertrader.com
08.09.08
News of the US government decision to take over mortgage giants Fannie Mae and Freddie Mac has had an early effect on the volume of trades by spread bettors at paddypowertrader.com. The US Federal reserve has promised to pump at least two hundred billion dollars into the companies to avert a financial meltdown, this has triggered large volumes in trading today by traders on Paddy Power’s online financial spread betting venture.
“The takeover is the single largest government intervention in financial markets since Fannie Mae was created in 1938. It has seriously stimulated trading as spread bettors take advantage of the perceived bounce in the stock markets. Equity and Index trades are attracting a lot of attention today; we can see a significant increase in the amount of trades opened. ” said Davin McAnaney, Commercial Manager, paddypowertrader.com
DownloadDate Added: September 8th 2008.
IRISH EQUITY SHARES PROVE TO BE HIGH FLYERS FOR SPREAD BETTORS
26.08.08
Spread bettors have been diving into Ryanair as the Irish airline’s shares fluctuate in price. Price movements for Ryanair in recent days, which have been attributed to a fall in the cost of crude oil, have revived some investment demand for the airline.
Paddypowertrader spread bettors trading on Ryanair have really taken off as crude oil started affecting the sale price of Ryanair shares. Ryanair is currently making up 7% of the total revenues traded on equities with paddypowertrader.com.
DownloadDate Added: August 26th 2008.
OIL PRICES VOLATILITY PROVIDES SPREAD BETTORS WITH CONSIDERABLE CRUDE OPPORTUNITIES
15.08.08
Paddypowertrader.com sees major client movements into crude oil
Oil has been yo-yoing in price for the last couple of days presenting spread bettors with plenty of opportunities according to Paddy Power’s new financial spread betting venture, paddypowertrader.com. The company has seen Irish spread bettors develop new strategies to reap the benefits from sharp rises and falls in the price of crude oil early this week.
“After oil hit the heady heights of $147.25 dollars a barrel on July 2008 it looked like the rush for black gold was over. Yet, paddypowertrader.com has watched the amount of spread bettors starting to move into oil multiply. With this new geopolitically motivated volatility there are again benefits for savvy spread bettors going long on peak oil. This activity has been affected by the price of crude oil, which resumed its rise as fighting between Russia and neighbouring Georgia sparked supply concerns. With oil now at $112.80 per barrel we have seen a 58% increase in the amount of money staked in oil on our books over the past week.” said Davin McAnaney, Commercial Manager of paddypowertrader.com.
DownloadDate Added: August 15th 2008.
FIERY OIL DEBATE SETS DUBLIN SEMINAR ALIGHT
19.07.08
International experts stage a heated discussion on the ongoing oil crisis in Dublin.
“Oil is truly reaching boiling point,” says Bill Hubard, a former CNBC commentator and expert on trading commodities. Hubard, Chief economist at MIG Investments in Switzerland, was speaking about oil speculation at a free seminar entitled “Oil- holding the world to ransom?“ in Stillorgan, Dublin hosted by paddypowertrader.com, the financial spread betting offering from Paddy Power.
DownloadDate Added: July 22nd 2008.
IS OIL HOLDING THE WORLD TO RANSOM?
02.07.08
paddypowertrader.com hosts an international debate on the future of Oil.
Paddy Power’s financial spread betting offering, paddypowertrader.com is holding a free seminar entitled “Oil- holding the world to ransom? “ on July 19th at the Radisson SAS St Helens in Stillorgan, Dublin 4. The key topics debated on the day will be the role of oil on the world markets and its effect on the global economy. The event is designed to stimulate discussion on the future of oil for retail investors. The sharp rise in the price of crude oil by over 60% in the past six months has affected many stakeholders in Ireland including Irish spread bettors. DownloadDate Added: July 2nd 2008.
BLACK GOLD GAINS IN FASCINATION FOR SPREAD BETTORS
17.06.08
Crude oil movement is creating a spread betting rollercoaster in Ireland says paddypowertrader.com
The international fluctuations of oil prices have created a spread betting frenzy in Ireland according to Paddy Power’s new financial spread betting venture, paddypowertrader.com. The company has seen Irish spread bettors keenly follow the sharp rise and fall in the price of crude oil over the past ten days. Oil prices have been pressured by speculation that Saudi Arabia may boost production following a report in the Middle East Economic Survey, an industry publication
DownloadDate Added: June 17th 2008.
SHREWD SPREAD BETTORS RACE FOR CRUDE
01.06.08
Paddypowertrader.com sees major client movements into crude oil
Oil is the new gold for retail investors according to Paddy Power’s new financial spread betting venture, paddypowertrader.com. The company has seen Irish spread bettors move en masse into commodity trades such as oil following a sharp rises and falls in the price of crude oil.
DownloadDate Added: May 31st 2008.
FINANCIAL SPREAD BETTORS LAUGHING ALL THE WAY TO THE BANK
22.05.08
Paddypowertrader.com sees an increase in trading of banking equities
Recent international market movements in the banking sector have encouraged increased speculation among spread bettors according to Paddy Power’s new Financial Spread Betting arm, paddypowertrader.com. The mixed forecasts in the banking sector have really highlighted banking equities (particularly Irish banking equities) as a growth area for retail investors and financial spread bettors. “We have seen a steep increase in equity shares in the past couple of days. At the top of the list this week is Bank of Ireland, due to its weaker than expected year end results. Allied Irish Bank, Royal Bank of Scotland, Barclays and Alliance & Leicester, are all also attracting a lot of attention in the market. Meanwhile, as the global credit crunch continues, many banks are announcing discounted rights issues,” said Davin McAnaney, Commercial Manager of paddypowertrader.com.
DownloadDate Added: May 22nd 2008.
SAVVY SPREAD BETTORS PILE INTO EQUITIES AND INDICES
12.05.08
Paddypowertrader.com says shares and indices still appeal to retail investors
Paddy Power’s new financial spread betting venture, paddypowertrader.com has been tracking the movements of its client base over the past week to reveal startling retail investment trends. Paddypowertrader.com has seen indices such as FTSE and DJIA jostle for position to become prime destinations for spread betting funds
DownloadDate Added: May 12th 2008.
IRISH SPREAD BETTORS STARTING A GOLD RUSH INTO COMMODITIES
30.04.08
Paddypowertrader.com records rise in commodity trading
Paddy Power’s new financial spread betting venture, paddypowertrader.com has recorded a steady increase in the numbers of financial spread betting clients delving into commodity and soft commodity trading in recent weeks. Recent days have seen crude oil topping $120 per barrel internationally and some pundits have predicted even further hikes. Commodities such as oil, gold, platinum and silver have been making headlines recently and this has led paddypowerrtrader.com spread bettors to enter this diverse market in their droves.
DownloadDate Added: April 30th 2008.
SPREAD BETTORS REMAIN FAITHFUL TO IRISH EQUITIES
15.04.2008
Paddy Power’s new financial spread betting venture, paddypowertrader.com has been following the movement of its Irish client base with interest for the past number of weeks. Despite considerable volatility in the international markets, paddypowertrader.com says that retail investors are piling into Irish equities. “We are watching more and more customers putting their money into Irish equities in a select number of industries or sectors. The aviation and banking sectors are among the most popular with savvy spread bettors.” said Davin McAnaney, Commercial Manager of paddypowertrader.com.
DownloadDate Added: April 15th 2008.
FX MARKETS SURGE AS SPREAD BETTORS CASH IN
01.04. 2008
Irish spread bettors are developing a taste for FX says paddypowertrader.com
Paddy Power’s new financial spread betting venture, paddypowertrader.com, has seen an increase in clients moving into foreign exchange trading following the recent international equity market shakedown. “As spread betting fervour takes hold, we can see a trend in retail investors reaching for foreign exchange markets. Therefore many spread bettors have been taking advantage of the current volatility to realise potential gains. Savvy spread bettors are eager to diversify their portfolios and now are moving into other types of financial spread betting markets,” said Davin McAnaney, Commercial Manager of paddypowertrader.com.
DownloadDate Added: April 1st 2008.
HOLY MOLY THE ULTIMATE PADDY’S RUGBY WEEKEND KICKS OFF
10.03.2008
Paddypowertrader.com announces winners of its 6 Nations competition for spread bettors
“The 6 Nations rugby tournament is hugely popular in this part of the world. So we wanted to give a chance to all of our clients, new and old, to set foot on the hallowed grounds of Twickenham. We offered “The Ultimate Paddy’s Weekend” to new account holders, a chance to win an all expenses paid VIP trip for 2 to London to experience the most exciting rugby match of the season.” said Davin MacAnaney, Commercial Manager of paddypowertrader.com.
DownloadDate Added: March 26th 2008.
BANKING SECTOR ROLLERCOASTER CREATES AN IDEAL OPPORTUNITY FOR SPREAD BETTORS
03.03.2008
Paddypowertrader.com sees an increase in trading of banking equities as market speculation increases
Paddy Power’s new financial spread betting venture, paddypowertrader.com has seen an increase in players diving into banking equities over the past week. Recent international market turmoil in the banking sector has encouraged speculation among spread bettors according to the online financial spread betting company. “We have seen an increase in bets on equities. At the top of the list are Allied Irish Bank, Royal Bank of Scotland, Barclays and Alliance & Leicester, which are attracting a lot of attention in the market. As the credit crunch continues, many banks are announcing poor results while other banks still seem vulnerable. Spread bettors have really been able to gain from the see-saw movements in the market,” said Davin McAnaney, Commercial Manager of paddypowertrader.com.
DownloadDate Added: March 26th 2008.
BET ON SAINT PATRICK AND HAVE THE ULTIMATE PADDY’S WEEKEND
01.02.2008
Paddypowertrader.com launches a heavenly 6 Nations competition for spread bettors
Some may say to financial spread bet, is to indulge in an almost religious experience however paddypowertrader.com has reached a whole new level with its new 6 Nations competition for spread bettors. “The 6 Nations rugby tournament is highly regarded in this part of the world. So we wanted to give a chance for all of our clients, new and old, to set foot on the hallowed ground of Twickenham. We are offering the ultimate Paddy’s weekend for new account holders to win an all expenses paid VIP trip for 2 to London on March 14th to experience the most exciting rugby match of the season.” said Davin MacAnaney, Commercial Manager of paddypowertrader.com.
DownloadDate Added: March 26th 2008.
PADDYPOWERTRADER.COM GOES ALL THE WAY TO DELIVER!
07.02.2008
Paddypowertrader.com goes further to get €2,000 prize to Donegal financial enthusiast
Paddy Power’s new financial spread betting venture, paddypowertrader.com has only been in the Irish spread betting market since the summer of 2007. However the financial spread betting start-up has already racked up the miles trying to share the good news about spread betting in Ireland. As part of the extensive launch campaign for paddypowertrader.com a financial enthusiast named Jerry Cannon of Letterkenny, Donegal won a €2,000 euro voucher to travel to New York, the home of Wall St. It was a part of a nationwide competition ran by paddypowertrader.com. However after efforts to deliver the prize failed, paddypowertrader.com has resorted to posting it to lucky Jerry instead!
DownloadDate Added: March 26th 2008.
SIZE DOESN’T MATTER SAYS PADDY POWER
17.01.08
Paddypowertrader.com launches advertising campaign starring tiny tearaway
Finding a person of small stature, to star in its recent advertising campaign, was a real tough job according to Paddy Power’s new Financial Spread Betting arm, paddypowertrader.com The new advertising campaign from paddypowertrader.com hangs on the tagline; “Who says you can’t make money being short?” It features a 3’ 11’ model in full city mogul mode being photographed alongside two glamorous models in the back of a stretch limo like a scene just out of the classic stock broking film Wall St. Paddy Power pride themselves on producing fun & innovative advertising that gets noticed and this new ‘Being Short’ campaign looks set to continue that long tradition. However with the pantomime season in full swing and it being a busy time of the year for vertically challenged models, Paddy Power found short-shrift in their search for a suitable star.
DownloadDate Added: March 26th 2008.
MARKETS MAYHEM BENEFIT SAVVY SPREAD BETTORS
31.01.2008
Paddypowertrader.com sees trading spike as a result of extremely volatile market movements
Paddy Power’s new financial spread betting venture, paddypowertrader.com has seen a jump in trading during the most volatile week on the markets in the past 25 years. The Federal Reserve cut rates further in the US on Wednesday stirring world markets into action. With volatility over the last two weeks triple that of an average January we have seen the market swinging wildly. However despite the rollercoaster movements spread bettors have been eager to catch a piece of the action. With ‘short’ trading in Spread Betting you can potentially make money if stock prices drop, unlike regular share trading where you can only make money if the price rises. It seems our spread bettors have been stimulated by the excitement in the markets,” said Davin McAnaney, Commercial Manager of paddypowertrader.com.
DownloadDate Added: March 26th 2008.
ROLLERCOASTER MARKETS CREATE A SPREAD BETTING FRENZY
22.01.2008
Paddypowertrader.com sees increase in trading during extremely volatile market movements
Paddy Power’s new financial spread betting venture, paddypowertrader.com has seen an increase in players and winners over the past number of days. Recent international market turmoil culminated in an emergency Federal Reserve rate cut in the US yesterday. “The main attraction of spread betting is that you can potentially make money no matter which direction prices move, unlike regular share trading where you can only make money if the price rises. Therefore many spread bettors have been taking advantage of the volatile markets to realise potential gains. There may have been €240 bn wiped from European stocks on Monday but it’s not all bad news for savvy spread bettors,” said Davin McAnaney, Commercial Manager of paddypowertrader.com.
DownloadDate Added: March 26th 2008.
paddypowertrader is a trading name of London Capital Group(LCG) which is a company registered in England and Wales under registered number:3218125. LCG is authorised and regulated by the Financial Services Authority (FSA),. Registered address: 4th Floor, 12 Appold Street, London EC2A 2AW. Download
Date Added: February 18th 2008.
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Date Added: February 18th 2008.