IG revenues rise after stock market turmoil

Discussion in 'Market News' started by Lily, Mar 22, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    Revenue in the UK and Ireland, its largest market, rose 13% to £62m

    IG Group , the British online share trading company, has reported an 18% rise in third-quarter revenue as traders speculated more the recent stock market slump and recovery.

    However, IG Group, the UK’s first financial spread betting company, also said discretionary remuneration and online marketing spend would hurt its fourth-quarter and full-year performance.

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