Worldspreads Competition

[Shakone]

So how much did the winners get? Or are you still waiting on it?

 

[kavsp]

Be a while yet... terms said:
"You must make your claim, in writing, within 10 days of the close of the competition to ***email address***."

 

[Ross Spur]

It'll take them a while to decide that no-one satisfied the T&Cs...

 

[pichon]

I think this will have been achieved by hundreds of people, so there is room for considerable disappointment making the marketing strategy perhaps a little ill conceived!

 

[Ross Spur]

I think this will have been achieved by hundreds of people, so there is room for considerable disappointment making the marketing strategy perhaps a little ill conceived!

If the volume of trades increased it has to be a success in marketing terms.

 

[JSMITH07611]

I think this will have been achieved by hundreds of people, so there is room for considerable disappointment making the marketing strategy perhaps a little ill conceived!

inside information it was abot 150 winners

 

[jitasb]

inside information it was abot 150 winners

So about £650....better than a slap in the face with a wet kipper

 

[hacks]

inside information it was abot 150 winners

That's about 3-4% of their active client base, so winning this competition is still quite hard for most people.

 

[kavsp]

inside information it was abot 150 winners

I am making a market here for fun , how many u think made the 10 winning trades :

SELL- BUY
7 - 12
Would u buy at 12 or sell at 7 ? If nobody made it all bets void :cheesy:

Whats your price now that this rumour is doing the rounds?

 

[tar]

Whats your price now that this rumour is doing the rounds?

50 - 150 :cheesy:

 

[kavsp]

50 - 150 :cheesy:

I want to complain about the broker whats your complaints procedure?
Out of order this widening of spreads :cheesy:

I'm surprised you haven't pulled the market - making all bets void - because of "an act of god"

 

[timsk]

50 - 150 :cheesy:

tar,
I agree with kavsp - I want to complain too!
In the meantime, I'll sell at 50. Now, how do I collect my 38pt profit?

Tim.
(Wish all my trades were this profitable!)

 

[phi]

inside information it was abot 150 winners

inside information: there was less than 30 winners

 

[tar]

tar,
I agree with kavsp - I want to complain too!
In the meantime, I'll sell at 50. Now, how do I collect my 38pt profit?

Tim.
(Wish all my trades were this profitable!)

All your bets had been reversed !


" 27. Manifest Error
(1) We reserve the right to, without your consent, either void from the outset or
amend the terms of any Bet containing or based on any error that we reasonably
believe to be obvious or palpable (a “Manifest Error”). If, in our discretion, we choose
to amend the terms of any such Manifestly Erroneous Bet, the amended level will
be such level as we reasonably believe would have been fair at the time the Bet was
entered into. In deciding whether an error is a Manifest Error we must act reasonably
and we may take into account any relevant information including, without limitation,
the state of the Underlying Market at the time of the error or any mistake in, or lack of
clarity of, any information source or pronouncement upon which we base our quoted
prices. Any financial commitment that you have entered into or refrained from
entering into in reliance on a Bet with us will not be taken into account in deciding
whether or not there has been a Manifest Error.
(2) In the absence of wilful default or fraud by us we will not be liable to you for any
loss, cost, claim, demand or expense following a Manifest Error (including where
the Manifest Error is made by any information source, commentator or official upon
whom we reasonably rely).
(3) If a Manifest Error has occurred and we choose to exercise any of our rights under
Term 27(1), and if you have received any monies from us in connection with the
Manifest Error, you agree that those monies are due and payable to us and you agree
to return an equal sum to us without delay "

 

[kavsp]

inside information: there was less than 30 winners

So which inside info is right? Anyhow, they were gonna publish the results right?

All your bets had been reversed !
" 27. Manifest Error "

What!?! You mean I can't collect my 42 Matchboxes? Damn! Was hoping to take delivery of the winnings, had promised the local cornershop those matchboxes!... Anyhow - I don't think I was filled at 8 when I was trying to buy within the spread - didn't get my trade confirmation!

Kavs

 

[Ross Spur]

Can't be 150 winners. WS only has about 120 clients.

 

[phi]

Can't be 150 winners. WS only has about 120 clients.

but they signed up just for the competition. Once they get the prize, they will get out of this trap as soon as possible. Same as me.

 

[SanMiguel]

inside information: there was less than 30 winners

allegedly...though of course how would anyone inside have told you that?

 

[lovejoy21]

185 winners ... confirmed.

 

[twinj]

I can also confirm 185 winners.