Tag Archives: IG group

Business news sources have reported that around £1 billion has been wiped off the value of UK-listed spread betting operators, following the Financial Conduct Authority’s (FCA) industry clampdown on ‘contract for difference’ (CFDs). Yesterday the regulatory body proposed a number of new measures aiming to protect inexperienced consumers and improve overall industry standards. The measures include the introduction of risk …

IG Group Holdings plc, one of the biggest spread betting operators, has announced that Chief Financial Officer Chris Hill is to leave the company in order to take up the role of Chief Financial Officer at Hargreaves Lansdown plc.  It is anticipated Hill will continue in his current role until the end of his notice period and leave IG in …

Financial spread betting operator IG Group Plc has today announced that Tim Howkins is to step down and as its CEO and director following the company’s Annual General Meeting (AGM) scheduled for October.Peter Hetherington, a Board member since 2002 and currently Chief Operating Officer, will assume the role of Interim Chief Executive, subject to regulatory approval. The news of Howkins …

Financial spread betting operator IG Group posted full year or year growth, reporting net trading revenues of £370.4 million (€468.5 million/$632 million), up 2.4% on the £361.9 million achieved in the previous year. The spread betting operator posted net revenues of  in £194.7 million up 1.3% on 2013 figures (£192.2 million) The FTSE 250 company, which has a market capitalisation …