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Full info forSPREADBETTING

Application ID 1-2045-23929
Status IE Pass
Prioritization Number 957
TLD (#13) SPREADBETTING
IDN Translation (#14b) --
Applicant (#1) IG Group Holdings PLC
Website (#5) http://www.iggroup.com
Application Type
Type Standard
Contested no
Contested Numbers 1
GAC Early Warning no
Cultural, Linguistic or Religious no
dotBrand no
Trademark Class A class 36 (insurance, finance, real estate)
Trademark Class B
Trademark Class C
Industry Keyword financial
Remark IG Group is a world-leading provider of retail derivatives, namely, financial spread betting and contracts for difference (CFDs) trading.
Availability Data
Sunrise Period: fromunknown tounknown
Landrush Period: fromunknown tounknown
GoLive: unknown
Registration Policy
Restricted yes
Restrictions Reserved for company and affiliate use only (initially).
Backend Provider Verisign
Registry Website
Keyword
Keyword yes
English Meaning --
Appeal Ranking 0
Appeal Remark Reserved for company and affiliate use only.
English yes
Spanish no
Portuguese no
French no
Italian no
German no
Dutch no
Swedish no
Danish no
Mandarin no
Russian no
Location
Region Europe
Country United Kingdom
Community (#19) --
Geographic (#21a) --
Geographic Category --
IDN
IDN (#14) No
A-label (#14a) --
Translation (#14b) --
Script Code (#14d) --
Allows ASCII yes
Applicant
Applicant (#1) IG Group Holdings PLC
Website (#5) http://www.iggroup.com
Applicant Address (#2) CANNON BRIDGE HOUSE
25 DOWGATE HILL
London EC4R 2YA
United Kingdom [GB]
Applicant Phone (#3) +44 20 7896 0011
Applicant Fax (#4) +44 20 7896 0010
Legal Form (#8) Public Limited Company and constituent of FTSE250 .
Exchange Symbol (#9a) London_Stock_Exchange
Parent Company (#9b)
Joint Venture Partners (#9c)
Primary Contact
Name (#6) Sharon Harris
Title (#6) Head Of Online
e-mail (#6) sharon5@ngtld.webcentral.com.au
Secondary Contact
Name (#7) Alastair Hine
Title (#7) Chief Information Office and Marketing Director
e-mail (#7) Alastair.hine@iggroup.com
Mission / Purpose (#18a)
THE MISSION AND PURPOSE OF THE NEW RESTRICTED .SPREADBETTING GTLD IS TO BENEFIT INTERNET USERS BY ENSURING INCREASED TRUST, USER CONFIDENCE AND UTILITY BY PROVIDING BETTER PRODUCT KNOWLEDGE AND THE ELIMINATION OF USER CONFUSION.

The .spreadbetting gTLD will operate as a restricted registry, which will be closely controlled by IG Group Holdings plc (IG Group), a reputable and market leading organisation in the financial spread betting industry. This will serve the interests of end users by ensuring increased trust in the authenticity of products and assurance of the security and stability of the site. Further, the .spreadbetting gTLD will promote convenience and utility of a unified internet space for products, services, education and information about financial spread betting. The majority of anticipated domain name registrations in the .spreadbetting gTLD will be used by IG Group and its affiliates in promotion and communication of financial spread betting as a transparent and viable investment opportunity offered by IG Group.

IG Group is a world-leading provider of retail derivatives, namely, financial spread betting and contracts for difference (CFDs) trading. IG Group was established in 1974, has its headquarters in London and operates globally with 14 global offices in several European countries, Japan, Singapore and Australia. IG Group is listed on the London Stock Exchange, is a member of the FTSE 250 and has a market capital value of GBP 1.7 billion (as at October 2011). IG Group is a world-leading provider of financial derivatives. IG Index, as part of the IG Group, was the world’s first financial spread betting company and continues to be the market leader for spread betting in the UK (according to a 2011 report by Investment Trends). IG Index was awarded ‘best spread betting firm⁄broker’ by the What Investment magazine 3 years in a row (2011, 2010, 2009); the Financial Times⁄Investors Chronicle Awards (2011); the Money AM Online Finance Awards (2010), and the Trade2Win Members’ Choice Awards (2010). As such, IG Group has a significant global reputation in financial spread betting services. The .spreadbetting gTLD will allow IG Group to provide spread betting resources and potential services to online customers in a secure, interactive and authoritative internet space.


New products and investment opportunities are increasingly offered over the internet, presenting customers with a wider choice of easily accessibly investment products. As a result, both businesses and end users benefit from ease of interaction and a wider range of choices with lower transaction costs. However, the developments in this arena in the current domain name system have exposed customers to confusion and have exposed both businesses and consumers to increased criminal activities over the internet, including data breach, hacking and phishing. These sophisticated criminal activities cause reputational damage to businesses as internet users lose consumer confidence and trust with the businesses targeted by such criminal activities. The .spreadbetting gTLD will facilitate greater trust and assurance from internet users, potentially offering financial spread betting services and reliable educational content relating to financial spread betting in a secure online environment provided by IG Group, whilst still allowing convenient and efficient interaction.


IG Group’s mission and purpose of the proposed new gTLD share ICANN’s initiatives to promote public interest. IG Group is committed to contribute towards achieving such initiatives in line with ICANN’s Affirmation of Commitments, which includes:

- consumer trust: the .spreadbetting gTLD registry will be operated in a centralised manner with a restrictive registration policy. Registration of domain names will only be available to IG Group and its affiliate entities, at this stage, which will provide added consumer reassurance that .spreadbetting domain names are trustworthy, offering consumer confidence in service delivery through a trusted provider in the market. As .spreadbetting domain names are subject to registration standards, policies and procedures under IG Group’s control, this eliminates the possibility of malicious conduct within the .spreadbetting domain space;

- competition: the proposed new gTLD is not directly intended to instigate competition and consumer choice at the level of registration of domain names. Instead it is anticipated to contribute to ICANN’s initiatives to promote public interest through its operation focused on promoting consumer trust, security and internet stability. Increased trust in .spreadbetting will drive existing and new top level domain (TLD) registry operators to make improvements in mechanisms to improve consumer trust of their TLDs; and

- consumer choice: the proposed new gTLD will enable user-driven improvements and innovations assisting IG Group’s marketing, services and education tools through its ability to create new second and third level domain names on demand such as onlinetutorial.spreadbetting or beginner.spreadbetting. These names will provide the consumers with more informed choices for participating in financial spread betting and interacting with IG Group as well as providing an opportunity to IG Group to communicate with customers on a more personal level through intuitive and user friendly domain names. As IG Group has effective control over the registration and use of domain names under .spreadbetting domain space, this will also contribute towards general service innovations on the internet as a new outlet for improved services.

Given the restricted nature of the .spreadbetting gTLD, the projected number of registrations is likely to be limited. It is anticipated that only 5-15 domain names will be registered in the first few years, to incorporate the key services, products and information in relation to spread betting. However, over the next few years, the number of registrations is likely to increase as IG Group develops and implements new services and marketing campaigns. As the new .spreadbetting gTLD expands and evolves, IG Group may consider offering the use of second level domain names to its core trading customers at a later date, for use as a unique and personal login and access to IG Group’s trading tools and platform. In this endeavour, IG Group will continue to comply with all operational, technical and policy requirements, as well as maintaining consumer trust and the stability of the internet. IG Group will keep ICANN reasonably informed of any material developments relating to .spreadbetting gTLD including compliance with the continued operations instrument obligations as set out in Specification 8 of the Registry Agreement.

IG Group intends to create relevant domain names for use including brand, services and sub types in the second or third level domain names. In accordance with registration policies and the proposed measures for protection of geographic names as outlined in response to Question 22, IG Group will use geographic names to localise its websites in the countries in which it operates. The use of geographic names is intended to:

- connect internet users with relevant information as applicable to the territory; and

- comply with required rules and regulations in the national territory.

IG Group has existing domain names related to spread betting, including:

- gTLDs: igindexspreadbetting.com, spread-bet.com and spreadsonline.com;

- ccTLDs: fin-spreads.co.uk, idealspreads.co.za, spreadbets.com.au, spreadbets.net.au, spreadbetting.co.nz, spreadbetting.com.au, spreadbetting.net.au, spreadsmart.co.uk and spreadsonline.co.uk.

If you wish to download the application information pertaining to this new gTLD, please select your download preference below: 1) A PDF compilation of the information provided by eBrand Services will be generated for you.; 2) The public portion of the application made available by ICANN will be generated.

PDF

Download public portion of application

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