IG Group Holdings plc (LON:IGG) has released its complete financial results for the first half of fiscal 2015 (IG has a May 31 year end). The results follow, and can also be seen here. We already reported that IG said the results will include record quarterly revenues for its fiscal Q2 (ended November 30, 2014).…
Read moreSome Forex brokers are offering pre-IPO grey market trading in shares of companies going public - basically a bet on the what the value of the company will be the day after its IPO.
Read moreUK spreadbetting leader IG Group (LON:IGG) has issued, as is its custom, a brief financial update just one week before its fiscal 2014 year closes on May 31. And it wasn't great. IG reported that volumes were generally weak in the last quarter of the year due mainly to low volatility in the FX markets.…
Read moreFor many clients of IG.com, their best trade the past year would probably have been buying up shares of..... IG! LeapRate Exclusive... Leading UK spreadbetting and forex broker IG Group has seen investors bid up its shares in the past few weeks, sending IG.com shares to their highest level ever. At its current share price…
Read moreIG is eyeing the opening of a Switzerland office in 2014. UK spreadbetting leader IG Group (LON:IGG), which is in process of rebranding its businesses to just IG.com, has just reported its second consecutive quarterly decline in revenues. Fiscal 2014 Q2 revenue of £89.1 million came in at 5% below Q1, with Q1 having been 10%…
Read moreIG's reorg continues; Jones was one of the more influential London financial research voices for the past decade. LeapRate Exclusive.... LeapRate has learned that longtime Chief Market Strategist David Jones has left UK spreadbetting firm IG (LON:IGG), to take a 'bit of a break', according to his personal website and Twitter feed. Jones stopped writing…
Read moreInvestment Trends report shows that the UK online market is still all about IG, but some surprises among the other Top 5 firms. Research shop Investment Trends has released its annual review of the UK online trading market -- covering Spreadbetting, CFD trading and FX -- and it contains some interesting findings. The not-so-surprising part?…
Read moreWith a Scottish independence referendum a year away, how would this complication be handled? UK spreadbetting and forex industry firms must be licking their chops at the prospect of Scotland launching its own currency, as Scotland nears its referendum on independence on September 18, 2014. UK retail trading clients rank among the highest worldwide in…
Read moreTwitter now being valued at between $17-$18 billion, well above the $11 billion figure when the Twitter IPO was announced. Quick update on one of the more interesting stories we've been covering lately, that of Twitter's upcoming IPO. As we wrote earlier, some enterprising forex brokers in the UK -- namely ETX Capital and IG.com --…
Read moreIG's rebranding and reorganizing has gone beyond the purchase of domain name IG.com. LeapRate Exclusive... LeapRate has learned that Tim Hughes has left IG Group. Hughes had joined IG as a graduate in 2000, and through 13 years at the company moved up to become Head of Sales until 2010 when Hughes was promoted to…
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