Shares of UK spreadbetting broker IG Group Holdings plc (LON:IGG) have been on the rise lately, and Monday hit brand new territory. IG shares topped the £7 level for the first time ever during Monday trading on the London Stock Exchange, changing hands as high as £7.09 before settling to close at £7.04, up 2%…
Read moreAfter 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…
Read moreLeapRate Exclusive... LeapRate has learned that former FXCM executive Tal Zohar will be joining IG Group (LON:IGG) in a senior management role. Zohar will report to the Group CEO, Tim Howkins, and will lead several innovative projects in the fields of Customer Relations and advanced financial products. Zohar served for the last five years as CEO…
Read moreShares of retail forex broker Gain Capital (NYSE:GCAP) were up as much as 27% in early trading Friday following the company's release of Q3 results (which included record quarterly revenues of $103 million), and of course the company's acquisition of leading UK spreadbetting and CFDs/FX broker City Index. We believe that most of the move…
Read moreIG Group (LON:IGG) has an update on its new stock broking platform which was launched a couple of weeks ago. The company states that it's new web-based platform now offers a Market Screener, enabling traders and investors to filter a list of stocks by key metrics such as share price, market cap, dividend yield and…
Read more42 currency pairs have been subject to a reduction in spread by IG Markets, the majority of which center on the Australian market, and have been reduced by almost half
Read moreIG Group issued more shares, possibly as part of employee compensation, so MFS bought more shares as well to keep their holding in IG at just above 10%.
Read moreGain Capital (NYSE:GCAP) shares down to an eleven-month low, FXCM isn't far behind. Have analysts realized that these should be considered 'defensive' stocks?
Read moreIt has certainly been a year of the haves and have-nots among publicly traded retail forex brokers. And as it should be, share prices seem to be following results and momentum in the 'real' world. On the one end of the spectrum is Plus500 (LON:PLUS), up more than 500% since its IPO last summer and…
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.…
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