ADVFN.COM PLC
5 March 2001
ADVFN.COM PLC
ADVFN AND IG GROUP SIGN MARKETING AGREEMENT
ADVFN.COM plc, ('ADVFN'), one of the UK's leading providers of financial
information, today announces that it has entered into a marketing agreement
with IG Group, which covers CFD (Contract for Differences) products under
the IG Markets umbrella and Financial Spread Betting via IG Index, the UK's
foremost spread betting company.
ADVFN will market IG Group's CFD and Financial Spread Betting services
directly to ADVFN subscribers on the ADVFN UK Website. The deal will be
revenue enhancing for ADVFN.
In addition ADVFN has also signed a separate agreement, whereby IG Markets'
clients will be given access to ADVFN's Level 2 pricing on igshares.com.
This will be financed entirely by IG Group.
Michael Boydell, ADVFN's Managing Director, added:
'Our marketing agreement with IG Group is an important step for the company
as we roll out new revenue opportunities. This deal together with our
recent tie up with Orange, highlights our commitment to expanding our
current product offering and also creating alliances with well known and
established companies'
For further information please contact:
Advfn.com plc
Michael Boydell, Managing Director
020 7070 0947
Buchanan Communications
Alison Cole / Jeremy Garcia
020 7466 5000
Notes to Editors:
On ADVFN
ADVFN supplies via WAP-enabled devices real time prices, personalised shares
monitor, level 2 data, top gainers and losers, news and company announcement
headlines.
ADVFN provides professional quality shares data to private investors from
its web site at www.advfn.com , its WAP services (
http://mobile.advfn.com/wap/) and its interactive television channels with
Telewest.
It also provides education services through its wholly owned subsidiary,
Success Events Limited ( www.success-events.com
).
Since going live in the last quarter of 1999, ADVFN has quickly become a
leader in its market and recently announced that its web site had achieved
1.5 million page impressions in a day. ADVFN floated on AIM in March 2000.
ADVFN has begun a strategy of international expansion and recently announced
the opening of its French web site at www.advfn.fr.
Its current services include:
* Free real-time prices direct from the Stock Exchange
* Premium site with level 2 data at £35 per month
* User-configurable alerts to e-mail and mobiles
* Comprehensive fundamental data
* Stock monitor. Track stocks - with automatic updates
* Portfolio service. Update and track your portfolios
* Fast quotes
* Top Lists
* Newswire (RNS, AFX and ADVFN in-house journalists)
* Trade Analyser
* Charts (historic, intraday, Microscope)
* Data download area
* Informed and active Bulletin Boards
* Investment education through its subsidiary Success Events Limited
*Interactive Digital Television Channel in conjunction with Telewest
* WAP services directly and via Breathe and Orange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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