IgGroup.com Deals primarily in sports betting & financial derivatives.
Title
IG Group - IG Group Holdings plc
Description
The Group's core business is spread betting, both on financial markets, where the Directors believe that IG is the UK market leader (based on turnover), and on sporting, entertainment and political events. The Group's other principal products and services are contracts for differences, binary bets and foreign exchange trading. These products are provided to retail clients and market professionals. More than 85 per cent of the Group's client transactions are executed online.
IG was founded in the United Kingdom in 1974 and commenced trading in Australia in 2002. The Group's business has grown rapidly since the late 1990s, with turnover having increased by 41.7 per cent compound to £49.8 million during the period between financial years 1998 and 2004. EBITDA has increased by 63.8 per cent compound to £25.1 million during the same period.
This strong growth has been achieved during a period in which equity market volatility has fallen at times and is partly attributable to the increased diversity of IG's product range. The Directors believe that reduced volatility of revenue is a significant additional benefit of this increased product diversification and that, coupled with IG's approach to hedging, the Group's earnings stream has become more stable.
Languages
English
Contact
- IG Index PLC
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Logos
Additional Information
Related Domains
External Links
- Alexa: IgGroup.com
