IG Group Holdings plc has reported strong earnings growth in the 6 months up to November, helped by volatile markets. The company which operates IG Index reported a 28% increase in net trading revenues to £195.5m for the period.
IG Group Holdings plc has reported strong earnings growth in the 6 months up to November, helped by volatile markets. The company which operates IG Index reported a 28% increase in net trading revenues to £195.5m for the period.
London Capital Group Holdings plc (LCG) has reported a 13% rise in revenues to £39.0m for the year ended December 31st 2011, following considerable growth witnessed during the second half of the financial year as a result of market volatility.
WorldSpreads reported a wider six-month pre-tax loss of 625,000 euros compared with 439,000 euros last year after the company spent more on infrastructure and marketing
In a trading update for the first half ending November 30, British financial spread betting provider IG Group stated that first-half revenue should rise 23%, with trading volumes boosted by market volatility.
Financial spread betting company WorldSpreads says August was the busiest trading month in its history.
CMC Markets registered a pre-tax loss of £23.7m for the year ending March 2011, up from £13m in the previous year.
IG Group issued a trading note today stating that it has benefited from heavy trading business in the past few weeks as stock markets, shares and commodities have swung wildly.
London Capital Group, which the flagship spread betting company Capital Spreads has released its first-half results for the year today posting first-half profit before tax of £2.69
London Capital Group Holdings plc (“the Group” or “LCG”), the financial services holding company behind Capital Spreads has released a trading statement today to cover the first half of the present financial year ended 30 June 2011.
WorldsSpreads Group plc has today announced its full year results for the twelve months ended 31 March 2011. Marketing and investment expenses have taken their toil.
With the company expecting to record a 7% increase in trading revenues to £320m for the year ended May 31st 2011, IG Group Holdings plc said Thursday that it has been unable to secure the sale of its underperforming Extrabet business and will therefore wind down the online sports betting business.
The Board of London Capital Group Holdings plc (“the Group”), the financial spread betting has reported that key performance indicators for the first four months of the year remain positive.
Financial spread betting provider WorldSpreads has released a pre-close trading update today stating that it is expecting revenue growth of about 25% for the year ending March 31, 2011.
The CEO of spread betting group WorldSpreads has warned investors that revenues from its divisions in continental European markets haven’t risen as quickly as initially anticipated and that it may take some months before the performance improves.
Shares in spread betting firm IG Group took a battering earlier this week, as regulatory concerns in its Japanese division saw it rack up a loss in the first half of the year.