From 21 September, IG Index has announced that they will be cutting their deposits on a range of FTSE 100 and major global shares, with many starting at just 5%.
From 21 September, IG Index has announced that they will be cutting their deposits on a range of FTSE 100 and major global shares, with many starting at just 5%.
IG Index circulated the following letter regarding maintenance of margin requirements…
British spread-betting firm IG Group said its first-quarter revenue rose 29 percent, helped by continued growth in client numbers.
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.
Citigroup has lowered its stance on IG Group to ‘hold’ from ‘buy’ and cut its price target on the stock to 400p from 425p, saying the spread betting firm faced higher costs.
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.