IG loses Head of UK and former MD of IG Index Tim Hughes


IG’s rebranding and reorganizing has gone beyond the purchase of domain name IG.com.

LeapRate Exclusive… LeapRate has learned that Tim Hughes has left IG Group. Hughes had joined IG as a graduate in 2000, and through 13 years at the company moved up to become Head of Sales until 2010 when Hughes was promoted to become Managing Director of IG Index, the spreadbetting division of the company and largest of its kind in the UK. Hughes was also responsible for delivering IG’s overall business plan in the UK.

IG has not been complacent with its success in both its UK home market and other key international markets such as Australia, and has been busy rebranding all of its businesses under the IG.com umbrella. IG paid millions of dollars to acquire the IG.com domain name earlier this year.

Other recent moves by IG have been focused on bringing in more retail forex and CFD traders. These include IG launching MT4 trading, and being one of the first online brokers to introduce greymarket trading in Twitter shares — sure to draw in many of the young social media crowd who swear by the service.

Hughes’ LinkedIn page states that he is an ‘Experienced and enlightened business leader currently seeking interesting and challenging new opportunity’.

For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.

 

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IG loses Head of UK and former MD of IG Index Tim Hughes

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