Tag: IG Group

IG Group
September 15, 2022 BY Steffy Bogdanova

IG Group reports total revenue of £241.8 million in Q1FY23

According to the numbers, Core Markets+ total revenue for the quarter came in at £200.3 million, registering an uptick of 5% YoY. tastytrade total revenue in Q1FY23 grew by 62%, or 15% on a pro forma basis. On a constant currency basis, pro forma total revenue stood at $41.1 million, up 1%, driven by additional…

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IG Group
August 16, 2022 BY Steffy Bogdanova

IG Group confirms record growth in FY22

Felix , Chief Executive Officer of IG Group, commented: We have achieved outstanding financial performance while continuing our journey to become a more diversified, innovative, global fintech. We have made great strides since we announced our strategy in 2019, and we now see the emergence of a materially evolved organisation. Today, we are in a…

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IG Group launches a Share Buyback programme
July 21, 2022 BY Steffy Bogdanova

IG Group announces a £150 million share buyback programme

The electronic trading platform currently plans to launch another trench of up to £75 million during the financial year 2023. IG noted that it expects to complete the share buyback programme during the FY23. The company explained that its goal is to reduce share capital. June Felix, Chief Executive Officer, commented: Our new Capital Allocation…

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IG Group
July 21, 2022 BY Steffy Bogdanova

IG Group sees 16% increase in revenue in FY22

June Felix, Chief Executive Officer, commented: This year's record results show how we have achieved consistent, strong financial performance while we continue our journey to become a more diversified, innovative, global fintech. Our forward-looking strategy has positioned us well to capitalise on a significantly larger total addressable market and to take advantage of the ongoing…

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IG Group
March 16, 2022 BY Steffy Bogdanova

IG Group sees 13% rise in Q3FY22 revenue

IG Group’s CEO, June Felix, commented: I'm delighted to be reporting another quarter of outstanding performance driven by a record number of clients trading in the period. All-time high number of clients IG Group also reported a record number of active clients. During the third quarter, the numbers reached 292,200, compared to the same period…

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IG Group hires Barbara Duffy
February 11, 2022 BY Steffy Bogdanova

IG Group appoints Barbara Duffy as Chief People Officer

Barbara Duffy said: IG is in a significant period of growth as part of its global diversification strategy – and it was a huge attraction for me to join this dynamic, forward-thinking team now. As the company continues to implement its strategic vision, I am thrilled to be in a role where I can help…

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IG Group
January 27, 2022 BY Steffy Bogdanova

IG Group revenue rises 16% in H1 2022

June Felix, Chief Executive, commented:  This has been a period of outstanding performance with record revenues and profits. Since we launched our new strategy three years ago, the group has transformed from a UK-centric, CFD focused firm, to a global financial technology company with a multi-product trading platform. One of the key factors behind the…

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January 03, 2022 BY Steffy Bogdanova

Nicos Demetriades appointed by IG Group as Head of Cyprus

Demetriades has been with IG for almost three years. He joined the company in May 2019 as Executive Director and has played an essential part in establishing the Cypriot entity in its beginning. Finance Background With strong background in finance, Demetriades has served as head of financial departments of a few companies. Prior to IG,…

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IG Group
December 01, 2021 BY Steffy Bogdanova

IG Group to sell Nadex and Small Exchange for $216 million

June Felix, CEO, IG Group, commented: We’re really excited by this deal, as it delivers a significant return on the previous investments made in Nadex and Small Exchange and enables additional investment across all our businesses. This deal also allows us to further sharpen our focus on integrating and expanding the US options and futures…

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