ADVERTISEMENT
Market news, analysis & forecast powered by
Preview Mode
News
Retail FX
Institutional FX
Fintech
Payments
Cryptocurrency
Executives
Thought Leadership
FMTV
Trending
Education
Forex Education
Cryptocurrency Education
Fintech Education
Industry Terms
Directory
Events
Intelligence
Quarterly Intelligence Reports
Annual Subscription
Custom Reports
What are you looking for?
What are you looking for?
Subscribe to our News & Services
All News
Retail FX
Institutional FX
Fintech
Payments
Cryptocurrency
Executives
Thought Leadership
FMTV
Trending
Education
Forex Education
To B, or Not to Be
Cryptocurrency Education
Fintech Education
Industry Terms
Directory
Events
Intelligence
Quarterly Intelligence Reports
Annual Subscription
Custom Reports
About Us
Contact us
Terms of Use
Privacy
Market News
by
Subscribe to our News & Services
FM ALL News
FM Crypto
Follow us on Twitter
Follow us on Linkedin
FM Home
>
Ig group
Europe's Economic Crossroads: Recession Fears and S&P Global's
Education Center
Will Blockchain Technology Mark a Turning Point in Fraud
Education Center
7 Things We Wish Someone Had Told Us Before We Started Trading
Education Center
Nexo Enhances Data Security Credentials With SOC 3 Assessment
Thought Leadership
Europe's Economic Crossroads: Recession Fears and S&P Global's
Education Center
Will Blockchain Technology Mark a Turning Point in Fraud
Education Center
7 Things We Wish Someone Had Told Us Before We Started Trading
Education Center
Nexo Enhances Data Security Credentials With SOC 3 Assessment
Thought Leadership
ADVERTISEMENT
IG Group
Search for a tag
Retail FX
IG Group’s FY24 Profit Plummets: Sides £150M for New Share Buyback Program
2024-07-25T08:34:36.879+02:00
The pre-tax profit of the brokerage came in at £400.8 million, 11 percent lower year-over-year.
Its net trading revenue also plummeted by 10 percent.
T
h
u
r
s
d
a
y
,
2
5
/
0
7
/
2
0
2
4
|
0
6
:
3
4
G
M
T
by
Arnab Shome
Executives
IG Group Promotes Chris Old as Head of Organic Growth
2024-07-15T22:59:04.259+02:00
Old has been with the group for over six years, joining as an SEO Manager for the UK in 2021.
He also served as the SEO Manager for EMEA and SEO Lead for IG.com.
M
o
n
d
a
y
,
1
5
/
0
7
/
2
0
2
4
|
2
0
:
5
9
G
M
T
by
Jared Kirui
Executives
IG Prime Taps Tomas Ausra for Head of Marketing Role
2024-07-08T19:59:20.903+02:00
Ausra will oversee the global brand marketing activities of the institutional side of the business.
Prior to this, he was the Acquisitions Digital Marketing Executive at Euromoney Institutional Investor until 2019.
M
o
n
d
a
y
,
0
8
/
0
7
/
2
0
2
4
|
1
7
:
5
9
G
M
T
by
Jared Kirui
Executives
Former IG Group CFO Takes Helm as CFO & Executive Director at BMS
2024-07-08T12:53:42.628+02:00
Charlie Rozes orchestrated IG Group's transition into a global trading platform, integrating tastytrade.
Previously, he managed Marsh McLennan's integration of JLT PLC, achieving cost synergies exceeding $350 million.
M
o
n
d
a
y
,
0
8
/
0
7
/
2
0
2
4
|
1
0
:
5
3
G
M
T
by
Tareq Sikder
Retail FX
IG US Takes the Plunge with Rebranding to tastyfx
2024-06-24T18:45:54.554+02:00
The trading platform will mostly remain unchanged, with enhancements.
The US retail forex market is expanding, drawing traders due to its varied opportunities.
M
o
n
d
a
y
,
2
4
/
0
6
/
2
0
2
4
|
1
6
:
4
5
G
M
T
by
Tareq Sikder
Retail FX
IG Group Opens Waiting List for UK Options Trading under tastytrade Brand
2024-05-23T14:34:11.069+02:00
tastytrade, the group's platform providing educational content and trading tools, will lead the venture.
The launch will coincide with an event hosted by tastytrade in collaboration with Cboe and CME Group.
T
h
u
r
s
d
a
y
,
2
3
/
0
5
/
2
0
2
4
|
1
2
:
3
4
G
M
T
by
Jared Kirui
Retail FX
IG Group Appoints Mark Evans as Head of Corporate Development
2024-04-17T15:46:06.397+02:00
Previously, Evans served as the Head of Consumer Insight and Strategy at the group.
He joined IG Group in 2015 as the Financial Planning and Analysis Manager.
W
e
d
n
e
s
d
a
y
,
1
7
/
0
4
/
2
0
2
4
|
1
3
:
4
6
G
M
T
by
Jared Kirui
ADVERTISEMENT
Executive Moves
IG Group Names New Chief Operating Officer and Chief Risk Officer
2024-03-18T08:19:46.862+02:00
Jody Dunn is now the COO and Sarah Gore Langton is the CRO.
Both appointments came as internal promotions.
M
o
n
d
a
y
,
1
8
/
0
3
/
2
0
2
4
|
0
6
:
1
9
G
M
T
by
Arnab Shome
Retail FX
Breaking: IG Group’s CFO and COO Resigns, Q3 FY24 Revenue Remains Flat
2024-03-14T09:21:31.397+02:00
Charlie Rozes will be stepping down as the CFO and Jon Noble as the COO.
The broker generated £240.1 million in revenue in Q3 FY24.
T
h
u
r
s
d
a
y
,
1
4
/
0
3
/
2
0
2
4
|
0
7
:
2
1
G
M
T
by
Arnab Shome
Retail FX
IG Group, Aichi Arena Corp, and AEG Ink Naming Rights Deal for Sports Arena in Japan
2024-02-08T18:12:43.357+02:00
The IG Arena is scheduled to open in 2025.
The arena will serve as a hub for sports and entertainment in Japan.
T
h
u
r
s
d
a
y
,
0
8
/
0
2
/
2
0
2
4
|
1
6
:
1
2
G
M
T
by
Jared Kirui
Executive Moves
Exclusive: IG Asia’s CEO Tony Lim Is Leaving after 9 Years
2024-02-01T13:36:06.659+02:00
The broker’s CEO of APAC and Africa, Kevin Algeo, recently became the target of a mass layoff.
Earlier this week, Breon Corcoran joined IG as the CEO.
T
h
u
r
s
d
a
y
,
0
1
/
0
2
/
2
0
2
4
|
1
1
:
3
6
G
M
T
by
Arnab Shome
Retail FX
IG Group's Earnings Take a Hit in Tough Market, Falling 32% in HY FY24
2024-01-25T09:38:25.907+02:00
The company's numbers dropped amid a softer volatility, with a decline of 9% in total revenue.
However, the number of active and new customers shrank slightly, remaining near 2023's levels.
T
h
u
r
s
d
a
y
,
2
5
/
0
1
/
2
0
2
4
|
0
7
:
3
8
G
M
T
by
Damian Chmiel
Executive Moves
IG Gets New Australia and New Zeland Unit CEO with an Internal Promotion
2024-01-16T11:25:10.963+02:00
Matthew Davidson has been working for IG Group for about 19 years.
IG will onboard a new Group CEO later this month.
T
u
e
s
d
a
y
,
1
6
/
0
1
/
2
0
2
4
|
0
9
:
2
5
G
M
T
by
Arnab Shome
Executives
Eren Eraslan Assumes as Head of Northern Europe at IG
2024-01-05T13:34:23.083+02:00
Previously, Eraslan led as Head of Germany and Austria at IG.
Earlier, the company appointed Breon Corcoran as its permanent Chief Executive Officer.
F
r
i
d
a
y
,
0
5
/
0
1
/
2
0
2
4
|
1
1
:
3
4
G
M
T
by
Tareq Sikder
ADVERTISEMENT
Executive Moves
IG Prime Strengthens APAC Team by Hiring Andrew Wood from CMC
2023-12-18T07:29:27.927+02:00
Wood has joined the Sydney offices of IG Prime.
He also held positions at CMC Markets, Saxo, and Deutsche Bank.
M
o
n
d
a
y
,
1
8
/
1
2
/
2
0
2
3
|
0
5
:
2
9
G
M
T
by
Arnab Shome
Executives
Breaking: IG Group Names Breon Corcoran as CEO
2023-12-08T09:22:06.875+02:00
He will join the broker on 29 January 2024.
Previously, he headed WorldRemit and multiple online betting brands as a CEO.
F
r
i
d
a
y
,
0
8
/
1
2
/
2
0
2
3
|
0
7
:
2
2
G
M
T
by
Arnab Shome
Executives
Exclusive: IG's South Africa CEO Leaves amid Global Workforce Reduction
2023-12-04T14:35:41.958+02:00
Robert van Eyden became the CEO of IG South Africa in mid-2022.
He has been replaced by Aphindile AB Bokleni who will continue as IG SA’s COO.
M
o
n
d
a
y
,
0
4
/
1
2
/
2
0
2
3
|
1
2
:
3
5
G
M
T
by
Arnab Shome
Retail FX
IG Group Launches £150 Million Share Buyback Tranche
2023-11-07T11:00:25.756+02:00
This initiative is part of a larger share buyback program announced four months ago.
It is scheduled to be fully executed by the end of July 2024.
T
u
e
s
d
a
y
,
0
7
/
1
1
/
2
0
2
3
|
0
9
:
0
0
G
M
T
by
Damian Chmiel
Retail FX
Three IG Group Subsidiaries Report Mixed Results for Fiscal Year 2023
2023-10-31T10:05:02.567+02:00
Profits reported by IG Markets and IG Index decreased slightly in FY23.
However, IG Trading and Investments reported a robust growth.
T
u
e
s
d
a
y
,
3
1
/
1
0
/
2
0
2
3
|
0
8
:
0
5
G
M
T
by
Damian Chmiel
Retail FX
Breaking: IG Group to Reduce 10% Staff Globally
2023-10-31T09:12:14.132+02:00
The broker is aiming at a full run-rate cost savings of £50 million per year.
It came after a review of the company’s cost-efficiency opportunities.
T
u
e
s
d
a
y
,
3
1
/
1
0
/
2
0
2
3
|
0
7
:
1
2
G
M
T
by
Arnab Shome
Brokers
IG’s Q1 OTC Revenue Drops 8% despite Strong Interest Income
2023-09-14T08:52:20.009+02:00
The broker generated £34.4 million in interest income alone.
Active clients on the platform declined to 267,000.
T
h
u
r
s
d
a
y
,
1
4
/
0
9
/
2
0
2
3
|
0
6
:
5
2
G
M
T
by
Arnab Shome
ADVERTISEMENT
Retail FX
IG Group's American Arm Joins FIA, Expands Its Global Trading Network
2023-08-30T23:59:33.244+02:00
IG entered the US market in 2021 through the $1 Billion acquisition of tastyworks.
The group's revenue from its US operations surged 47% to £191.3M in FY23.
W
e
d
n
e
s
d
a
y
,
3
0
/
0
8
/
2
0
2
3
|
2
1
:
5
9
G
M
T
by
Solomon Oladipupo
Executives
CEO of IG Group, June Felix, Steps Down Due to Ill Health
2023-08-29T09:30:24.478+02:00
She has been on medical leave since July.
The broker has initiated the search for a permanent CEO.
T
u
e
s
d
a
y
,
2
9
/
0
8
/
2
0
2
3
|
0
7
:
3
0
G
M
T
by
Arnab Shome
Retail FX
News Nuggets | 2 August: IG's Share Buyback; New Features on Fortex
2023-08-02T12:47:56.914+02:00
Also, the partnership between Crossover Markets and Liquid Mercury.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
W
e
d
n
e
s
d
a
y
,
0
2
/
0
8
/
2
0
2
3
|
1
0
:
4
7
G
M
T
by
Finance Magnates Staff
Brokers
IG Group Ends FY23 with Lower Trading Revenue, Expands Share Buyback
2023-07-20T09:21:13.059+02:00
The trading revenue of the broker has declined 3 percent.
It allocated £250 million more to its share buyback program.
T
h
u
r
s
d
a
y
,
2
0
/
0
7
/
2
0
2
3
|
0
7
:
2
1
G
M
T
by
Arnab Shome
See more
Next
ADVERTISEMENT
ADVERTISEMENT
!
"
#
$
%
&
'
(
)
*
+
,
-
.
/
0
1
2
3
4
5
6
7
8
9
:
;
<
=
>
?
@
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
[
\
]
^
_
`
a
b
c
d
e
f
g
h
i
j
k
l
m
n
o
p
q
r
s
t
u
v
w
x
y
z
{
|
}
!
"
#
$
%
&
'
(
)
*
+
,
-
.
/
0
1
2
3
4
5
6
7
8
9
:
;
<
=
>
?
@
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
[
\
]
^
_
`
a
b
c
d
e
f
g
h
i
j
k
l
m
n
o
p
q
r
s
t
u
v
w
x
y
z
{
|
}