IG Group posts Q1 revenues of £106M ($164.3M), up 24% YoY
IG begins fiscal 2016 showing strong growth, increasing metrics such as active client numbers - and a strong outlook for the rest of the year.
Read moreIG begins fiscal 2016 showing strong growth, increasing metrics such as active client numbers - and a strong outlook for the rest of the year.
Read moreIG Group's trading update depicts good strategic progress over fourth quarter of the financial year, majors on expansion of stockbroking service into the Dutch market, and the approval of a license to operate in Dubai
Read morePlus500 has stated that it is continuing to make progress re-approving existing customers' documentation and now has 40 staff working on the project, whilst refuting certain misrepresentative media coverage by blogs and press organizations which cast aspersions on the firm's capital position and accounting practices
Read moreAlongside record revenues was a vast 72% increase in new clients at Plus500, all while customer acquisition cost has gone down.
Read moreWhilst underlying revenues increased by 7.1% in the third quarter, the net revenue was reduced by £11.8 million to £91.8 million, 5.1% behind the same period last year (2014: £96.7 million) following the SNB event on January 15. IG states that the majority of the ensuing client debts of £18.4 million are provided for
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