Tag: IG Group

IG Group office1
January 05, 2024 BY Simon Mugo

Eren Eraslan Appointed As Head of IG’s Northern Europe Unit

The above role allowed him to significantly influence the firm's growth and strategy in these regions. His tenure at IG Deutschland lasted for over a year and eight months, during which he proved his leadership abilities and contributed substantially to the firm's development. Since December 2023, he has taken up the mantle as Head of…

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IG Group
July 20, 2023 BY Steffy Bogdanova

IG Group sees total trading revenue increase of 5% to £1 billion in FY 23

Charlie Rozes, Acting Chief Executive Officer, commented: We’ve performed well in the much more difficult market conditions that persisted through most of the past year, maintaining our leadership position in OTC derivatives while building further momentum in our product and geographic expansion. Total revenue exceeded £1 billion for the first time in IG’s history, more…

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IG Group
July 03, 2023 BY Steffy Bogdanova

IG CFO, Charlie Rozes, becomes acting CEO

The company stated:  IG Group Holdings plc announces that June Felix, Chief Executive Officer, is taking a short period of medical leave from the business. June Felix, who joined IG Group as a non-executive director in 2015 before becoming CEO, is renowned for expanding the company's geographic presence and diversifying its product offerings. Under her…

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April 05, 2023 BY Steffy Bogdanova

Adam Wheelwright joins IG Group as Chief Technology Officer

Previously, Wheelwright held several positions at NatWest Group, including Managing Director, where he co-founded Bó, a digital retail bank, and served as its Chief Operating Officer. Additionally, he was the Chief Administrative Officer of NatWest Markets, the Group's capital markets arm, and led the £500 million digital transformation program. Wheelwright 's career began as a…

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Acquisition
April 04, 2023 BY Steffy Bogdanova

IG Group acquires the Small Exchange

IG Group’s acquisition of The Small Exchange will allow the Group to continue expanding its range of products and services in the US and to leverage the Small Exchange’s trading technology. Tom Sosnoff, Founder, tastylive, said: We’re excited to have had the opportunity to reacquire the Small Exchange. The future of market structure in the…

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IG Group
March 15, 2023 BY Steffy Bogdanova

IG Group's total revenue falls 7% in Q3FY23

The global fintech company noted that the third quarter was a “quieter quarter”, especially in December, when lower market volatility was observed compared to recent periods and the third quarter of the previous financial year. IG further highlighted the benefits of its diversification strategy which led to the exchange traded derivatives reaching £52 million revenue…

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March 09, 2023 BY Steffy Bogdanova

IG Group appoints Martin Price as Investor Relations Head

Martin Price commented: The ambition of the management team, and the strategy they have set to grow the business, makes this an exciting time to join IG Group. IG’s track record of successful innovation to grow and diversify makes its equity story a particularly compelling proposition. I look forward to working with my new colleagues…

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IG Group
December 12, 2022 BY Steffy Bogdanova

IG Group adds AQSE stocks to its UK trading offering

Adam Blemings, Head of Trading at IG Group said: We aim to provide ambitious, self-directed individuals with unparalleled access to the world's financial markets to help them reach their financial goals. We are thrilled to add AQSE stocks electronically as the latest in our ongoing expansion of our array of financial assets. Earlier in September,…

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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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