IG Group Holdings plc (LON:IGG) market analyst Andreas Ruhlmann takes a look at Q2 results at the Swiss banking giant. [divide] Credit Suisse posted a profits while the Street awaited more losses Credit Suisse posted a net profit of 170 million SFr, compared to 1.05 Billion in the same quarter last year. Nevertheless it is…
Read moreIt was results week in Forex Industry News at LeapRate, with a number of leading brokers in the UK giving us a glimpse at their financial performance over the past few months, as well as an update on how things have been going quite recently, including the wild pre and post Brexit period. And most of…
Read moreFurther to the announcement made on July 8, 2016, online brokerage leader IG Group Holdings plc (LON:IGG) has confirmed that, following receipt of regulatory approval, its Chief Financial Officer (CFO) Designate, Paul Mainwaring has been appointed an Executive Director of IG Group Holdings plc and Chief Financial Officer with immediate effect and joins the Board of IG.…
Read moreIG Group Holdings plc (LON:IGG) has announced results for the year ended 31 May 2016. While Revenues and Profits were up nicely in the second half of Fiscal 2016, Revenues in Q4 (£119M) did take a small dip from what was a very busy and record Q3 at IG (£122M). Profits in the second half…
Read moreBrexit worries? Turkey coup concerns? Not in the equity markets. And not at online trading leader IG Group. Shares of the London-based IG Group Holdings plc (LON:IGG) continued their move upward to hit a 52 week and all-time high on Monday, closing the day at £8.45. Intraday, IG shares hit an all-time high of £8.48.…
Read moreChris Beauchamp, Head of Market Analysis at IG Group Holdings plc (LON:IGG), and Josh Mahony, Market Analyst, give their outlook for global markets as we head into the second half of 2016 in a very interesting and uncertain post-Brexit market environment. More of IG's market research can be seen here. [divide] The UK’s decision to leave the EU…
Read moreOnline brokerage leader IG Group Holdings plc (LON:IGG) has filled the hole in its management ranks, created earlier this year when its longtime CFO Christopher Hill left the company to become CFO of investments and pension savings provider Hargreaves Lansdown PLC (LON:HL). Following Mr. Hill's departure IG had hired Deloitte partner (and head of Deloitte's Investment Management…
Read moreLeapRate Exclusive... LeapRate has learned that longtime ETX Capital executive Joe Rundle has resigned from the company. Rundle had been with the FCA-regulated ETX for more than 12 years, and along with ETX CEO Andrew Edwards was one of the few remaining employees at ETX dating back to before the company's takeover by an investor…
Read moreAs shares of Credit Suisse Group AG (VTX:CSGN) hit multi-year lows - dropping below CHF 10 in Swiss Exchange trading for the first time since early this century (their 2008 bank crisis lows were in the mid-20s) - IG Group Holdings plc (LON:IGG) market analyst Laurent Bakhtiari takes a look at what might be ahead for the…
Read moreMarkets eventually get it right. Even if it takes a while. In one of our initial post-Brexit analysis articles, we opined that one of the big winners from the Leave victory in the UK Brexit referendum was the online trading sector, and specifically the CFD broker. Like everyone else out there we have no idea…
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