After reporting on Tuesday that its fiscal Q2 revenues (for the quarter ending November 30, IG has a May 31 year end) would hit an all-time best, IG shares followed suit.
IG Group stock (LON:IGG) completed a 13% climb during the month of November by hitting an all-time high of £6.81, giving IG a market valuation of £2.5 billion ($3.9 billion), again its highest ever valuation.
IG’s share price chart over the past year (source: Google Finance):
And IG is not sitting on its laurels. As exclusively reported at LeapRate, IG has:
- just added FXCM veteran Tal Zohar to its senior management ranks,
- opened operations in Switzerland,
- launched a new stockbroking platform.