Rumours have been making the rounds that IG Group’s sports betting division, Extrabet could be up for sale according to reports…
Rumours have been making the rounds that IG Group’s sports betting division, Extrabet could be up for sale according to reports…
Derivatives provider IG Group has alerted the market to possible regulatory changes in Japan relating to contracts for difference (CFDs).
Strong overseas growth helped spread betting specialist IG Group lift revenue by 28% in its first quarter to £68m from £53m. Excluding the impact of FXOnline Japan KK, organic revenue growth was 17%.
British financial services firm IG Group (IGG.L) lifted its total dividend by a quarter on Tuesday after its profit rose 17 percent for its latest financial year, in-line with market expectations.
IG Group Holdings PLC (IGG.LN), a spread betting, foreign exchange and CFO trading company, said Tuesday for the fiscal year ended May 31 it expects to report revenue of £257 million compared with £184 million a year earlier.
Spread betting firm IG Group said it expects the Financial Services Agency of Japan to clarify its intentions regarding limiting the amount of gearing…
IG Group said this morning that revenues increased 35% to £62 million for the three month period ended February 28th 2008…
U.K-based financial derivatives and sports betting company IG Group Holdings PLC (IGG.LN) Tuesday revealed a jump in first-half revenue and profit as the market collapse prompted customers to switch to short-term trading of indices and currencies from trading in individual shares.
Shares in spredbetting firm IG Group tumbled 27 percent as it sees a surge in bad debt…
IG Group, the UK’s biggest spread-betting company, saw ‘no signs’ of a slowdown in customer activity in spite of a deteriorating UK economic outlook as its full-year earnings rose 40 per cent.
Spread betting company IG Group Holdings Plc said it has continued to see strong growth across all its financial businesses throughout the year.
Volatility often tops the list of excuses for a lousy quarter. But for IG Group, the UK’s largest spread-betting firm, it’s a fundamental driver. Google searches for “spread betting” in the UK rose 41 per cent in August, as markets shuddered.
IG Group Holdings Plc (IGG.L) said it agreed to buy the entire issued share capital of HedgeStreet Inc. for $6.0 million, or approximately £2.9 million.
Spread betting company IG Group Holdings PLC said its year-on-year group revenue for the quarter to end-August rose more than 60 pct as it benefited from high levels of equity market volatility.
The explosion in spread betting has seen the value of the largest player in the sector, IG Group, triple since it came back to the market in May 2005 after a period in private equity hands.