UK online trading leader IG Group Holdings plc (LON:IGG) is barely into its new fiscal year, and it is already making major shifts in its U.S. executive suite, as it rolls out its new strategy for leveraging its hard-won re-entry into the U.S. marketplace. The London-based giant in the spreadbetting and CFD trading arena, had once been…
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UK online trading leader IG Group Holdings plc (LON:IGG) has released its scheduled update on its revenue for the three months to 31 August 2019 (Q1 FY20), the first quarter of its financial year ending 31 May 2020 (FY20). Business performance Revenue in Q1 FY20 was £129.1m, 11% higher in comparison with the average of the…
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UK online trading leader IG Group Holdings plc (LON:IGG) has today released its annual report FY19. Highlights include: Revenue - £476.9m Operating profit - £192.9m Net own funds generated from operations - £159.7m Basic earnings per share - 43.1p Total dividend per share - 43.2p As LeapRate previously reported, even though IG’s expectations were that…
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UK online trading leader IG Group Holdings plc (LON:IGG) has today released its results for the twelve months ended 31 May 2019 (FY19). Even though IG's expectations were that its revenue in FY19 will be lower than in FY18, reflecting the impact of the ESMA measures, the broker announced that it has successfully navigated the regulator's measures which…
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UK online trading leader IG Group Holdings plc (LON:IGG) announced earlier this week that Andy Green is leaving the Board, stepping down as Chairman at IG's AGM in September 2019. Malcolm Le May, as Senior Independent Director will lead the Nominations Committee in the search for the next Chairman of IG. Malcolm Le May commented:…
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It has now been nearly a year since ESMA (in its infinite wisdom) ruling on leverage came into effect - and its been very harsh on many of us brokers, as well as traders. The logic behind why ESMA did this is fair, there was too much risk in the market from both the broker…
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UK online trading leader IG Group Holdings plc (LON:IGG) has announced that Sam Tymms intends to step down from her role as a Non-Executive Director of the Company following the Board meeting on 20 March, 2019. After almost six years in the company Sam Tymms leaves to pursue other interests. Jonathan Moulds, a Non-Executive Director of the…
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Leaprate Exclusive... UK online trading leader IG Group Holdings plc (LON:IGG) has announced the launch of IG US, its US-based subsidiary offering foreign exchange (forex) services in the beginning of the month. Through trading with IG US, clients will be able to trade on over 80 currency pairs with lower spreads vs the top two US forex…
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UK online trading leader IG Group Holdings plc (LON:IGG) has just announced the launch of IG US, its US-based subsidiary offering foreign exchange (forex) services. At IG we pride ourselves on championing the client, I am excited to bring that same focus to serve the United States market,” said June Felix, IG Group CEO. “We see this…
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Retail FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) has announced the appointments of Boris Levine as Head of IT Development and Rasmus Hansen as Head of Infrastructure Technology. Both executives report to Alastair Hine, Chief Operating Officer of GAIN Capital, and are based in GAIN's London office. Boris and Rasmus each bring many years of…
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