The above role allowed him to significantly influence the firm's growth and strategy in these regions. His tenure at IG Deutschland lasted for over a year and eight months, during which he proved his leadership abilities and contributed substantially to the firm's development. Since December 2023, he has taken up the mantle as Head of…
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Charlie Rozes, Acting Chief Executive Officer, commented: We’ve performed well in the much more difficult market conditions that persisted through most of the past year, maintaining our leadership position in OTC derivatives while building further momentum in our product and geographic expansion. Total revenue exceeded £1 billion for the first time in IG’s history, more…
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The company stated: IG Group Holdings plc announces that June Felix, Chief Executive Officer, is taking a short period of medical leave from the business. June Felix, who joined IG Group as a non-executive director in 2015 before becoming CEO, is renowned for expanding the company's geographic presence and diversifying its product offerings. Under her…
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Previously, Wheelwright held several positions at NatWest Group, including Managing Director, where he co-founded Bó, a digital retail bank, and served as its Chief Operating Officer. Additionally, he was the Chief Administrative Officer of NatWest Markets, the Group's capital markets arm, and led the £500 million digital transformation program. Wheelwright 's career began as a…
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IG Group’s acquisition of The Small Exchange will allow the Group to continue expanding its range of products and services in the US and to leverage the Small Exchange’s trading technology. Tom Sosnoff, Founder, tastylive, said: We’re excited to have had the opportunity to reacquire the Small Exchange. The future of market structure in the…
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The global fintech company noted that the third quarter was a “quieter quarter”, especially in December, when lower market volatility was observed compared to recent periods and the third quarter of the previous financial year. IG further highlighted the benefits of its diversification strategy which led to the exchange traded derivatives reaching £52 million revenue…
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Martin Price commented: The ambition of the management team, and the strategy they have set to grow the business, makes this an exciting time to join IG Group. IG’s track record of successful innovation to grow and diversify makes its equity story a particularly compelling proposition. I look forward to working with my new colleagues…
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Active clients reduced slightly to 312,000 from 320,400 in H1 FY22. The new clients on the platform returned to normal levels from the very high numbers of the previous year, reaching 37,500 in H1FY23. Profit before tax fell 2% to £240.5 million from the previous year’s £245.2 million. Adjusted profit before tax came in at…
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Adam Blemings, Head of Trading at IG Group said: We aim to provide ambitious, self-directed individuals with unparalleled access to the world's financial markets to help them reach their financial goals. We are thrilled to add AQSE stocks electronically as the latest in our ongoing expansion of our array of financial assets. Earlier in September,…
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According to the numbers, Core Markets+ total revenue for the quarter came in at £200.3 million, registering an uptick of 5% YoY. tastytrade total revenue in Q1FY23 grew by 62%, or 15% on a pro forma basis. On a constant currency basis, pro forma total revenue stood at $41.1 million, up 1%, driven by additional…
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