One of the recent 'hot topics' in the Retail Forex world, we're pleased to present a guest post by Tamas Szabo, Chief Executive Officer Australia and NZ of IG Group Holdings plc (LON:IGG) on the changes to retail client money handling rules recently proposed by Australia's Government. For eight years I have been urging our industry, ASIC, the…
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The following is based on research from DailyFX analyst Nick Cawley. DailyFX is a unit of IG Group Holdings plc (LON:IGG). For more of Nick's research see DailyFX.com. British Pound Falters on Concerns that UK Brexit Plans are Incomplete During a speech to the Lord Mayor’s Banquet, UK Prime Minister Theresa May said that the country should…
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Well it looks like the bookmakers (and their betting clients) got it wrong. Again. Less than six months after bettors were solidly predicting a #Remain victory in the UK Brexit vote, down-to-the-wire predictions based on political binary betting at UK oddsmakers such as Paddy Power and IG Group Holdings plc (LON:IGG) - giving Hillary an 80%+…
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As US voters head to the polls today with voter turnout fairly strong in key swing states, last minute UK bettors seem to be putting their money solidly on a Hillary Clinton victory. UK bookmakers' odds on Hillary are dropping today to the 1:5 range, indicating that bettors are calculating an 83% chance of a…
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Australia based research house Investment Trends has released its 2016 UK Leverage Trading Report, an in-depth analysis of UK traders and investors’ attitudes and investing habits based on a large-scale survey of more than 12,000 UK investors conducted both before and after the Brexit vote. Not surprising, perennial industry giant IG Group Holdings plc (LON:IGG) remains…
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With the latest US polls showing a too-close-to-call US Presidential election less than a week from the actual vote, the odds of a Hillary Clinton victory has been steadily dropping at some of the leading UK bookmakers taking bets on the election outcome. As recently as two weeks ago some of the bookmakers were calling…
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It has been exactly two weeks since we reported that retail forex broker Gain Capital Holdings Inc (NYSE:GCAP) had seen its shares fall to a new 52 week low, with GCAP hitting $5.70 on October 14. Well, things haven't gotten much better since then. Gain Capital, parent company of retail forex broker Forex.com and institutional brand GTX,…
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Retail forex broker FXCM Inc (NASDAQ:FXCM) has announced that it has closed on its previously announced sale of the DailyFX.com Forex research website business to IG Group Holdings plc (LON:IGG) for a price of $40 million. Cash of $36 million was paid by IG to FXCM on closing, with an additional $4 million to be…
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Saxo Capital Markets UK Limited, the FCA-regulated arm of Denmark-based multi asset broker Saxo Bank, has reported its 2015 financial statement and report which clearly show some good news and overall progress for the business, but also some bad news. To dispense first with the bad news, Saxo UK posted that it took a £7…
Read moreWith now less than three weeks to go, we thought that we would take a quick look at what UK oddsmakers and bookmakers are saying the 'real' odds are right now of either Hillary Clinton or Donald Trump winning the US Presidential election on November 8. Unlike polls, oddsmakers' numbers aren't estimates or polled people saying…
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