SYCAP Group AB (publ) launches CFD trading

09.05.2008

SYCAP Group AB (publ) launches CFD trading

SYCAP Group AB (publ) launches trading of CFDs (Contracts For Difference) through iFlexMarkets (http://www.iflexmarkets.com). At the same time the jointly owned company in the United Kingdom, VDM Global Markets Ltd, opens its offices in the city of London (http://www.vdmgm.com). VDM Global Markets Ltd will offer trading of CFDs, Spread Betting and currencies through iFlexMarkets and VDMGM with initial focus on Europe and Asia.

- After a long period of development we are proud to offer our trading platforms through VDM Global Markets Ltd. Our partner in this joint venture, Van der Moolen (http://www.vandermoolen.com), is a strong player in the financial market and through VDM Global Markets Ltd we can create a lot of value for both companies. At the same time we are conducting a share offer that ends on the 27th of May through E*TRADE (http://www.etrade.se), adds Stefan Willebrand, COO of SYCAP Group AB (publ).

For more information: COO: Stefan Willebrand, tel: +46 (0)8-402 54 61, mail: stefan.willebrand@sycapgroup.com http://www.sycapgroup.com

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