A look at IG Group's shareholder presentation. Revenues from Europe continue to rise, UK CFD traders bring in the highest revenues, NADEX is still quite small, and more details about IG's clients and retention figures.
IG Group released their full year results for the period ending May 31st 2013, earlier this week. Beyond the top and bottom line numbers, the broker also provided more specifics within their shareholder presentation.
Some of the key details (full presentation below):
UK revenues nearing a drop below 50%: Even with advances in market share in key European and APAC markets, IG’s fortunes continue to be dominated by its UK business. During the year, UK revenues including both its CFD and Spreadbetting products totaled 51.5% of the firm’s revenues. However, the figure continues to fall, as IG’s global efforts taking place. Total UK revenues have risen 23.8% from £150.5M in 2009 to a present £186.3M. This compares with a 79.6% increase in Rest of the World revenues from £97.8M to £175.6M during the same period.
Europe and Australian market share increases: Pacing IG’s global diversification has been growth in its European and Australian business. Specifically in Europe, IG has done very well with revenues climbing 135% to £71.3M from £30.2M in 2009. According to the broker, it currently holds market share of 11% and 9% in France and Germany respectively, the number two broker in each country.
IG rebranding: The firm purchased the IG.COM TLD earlier this year and has used the occasion to rebrand. Part of that rebrand is also the initiation of a single login architecture. With the upcoming launch of MT4, the single login will allow IG customers to trade from various platforms with one account.
Revenues per client: UK CFD traders continued to register the highest revenues per client at £2654 for H2 2013. Also rising was IG’s average revenue per client to £1819. However, average revenues of clients from Europe have been declining, most likely due to effects of the financial crisis.
IG Group released their full year results for the period ending May 31st 2013, earlier this week. Beyond the top and bottom line numbers, the broker also provided more specifics within their shareholder presentation.
Some of the key details (full presentation below):
UK revenues nearing a drop below 50%: Even with advances in market share in key European and APAC markets, IG’s fortunes continue to be dominated by its UK business. During the year, UK revenues including both its CFD and Spreadbetting products totaled 51.5% of the firm’s revenues. However, the figure continues to fall, as IG’s global efforts taking place. Total UK revenues have risen 23.8% from £150.5M in 2009 to a present £186.3M. This compares with a 79.6% increase in Rest of the World revenues from £97.8M to £175.6M during the same period.
Europe and Australian market share increases: Pacing IG’s global diversification has been growth in its European and Australian business. Specifically in Europe, IG has done very well with revenues climbing 135% to £71.3M from £30.2M in 2009. According to the broker, it currently holds market share of 11% and 9% in France and Germany respectively, the number two broker in each country.
IG rebranding: The firm purchased the IG.COM TLD earlier this year and has used the occasion to rebrand. Part of that rebrand is also the initiation of a single login architecture. With the upcoming launch of MT4, the single login will allow IG customers to trade from various platforms with one account.
Revenues per client: UK CFD traders continued to register the highest revenues per client at £2654 for H2 2013. Also rising was IG’s average revenue per client to £1819. However, average revenues of clients from Europe have been declining, most likely due to effects of the financial crisis.
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion explaining the impact of news on trading.
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion explaining the impact of news on trading.
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion explaining the impact of news on trading.
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion explaining the impact of news on trading.
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion explaining the impact of news on trading.
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion explaining the impact of news on trading.
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets.
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets.
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets.
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets.
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets.
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets.
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets while participating in a panel discussion on "How to Trade the News."
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets while participating in a panel discussion on "How to Trade the News."
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets while participating in a panel discussion on "How to Trade the News."
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets while participating in a panel discussion on "How to Trade the News."
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets while participating in a panel discussion on "How to Trade the News."
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets while participating in a panel discussion on "How to Trade the News."
FMLS:24 exhibition venue is crowded on the second day.
FMLS:24 exhibition venue is crowded on the second day.
FMLS:24 exhibition venue is crowded on the second day.
FMLS:24 exhibition venue is crowded on the second day.
FMLS:24 exhibition venue is crowded on the second day.
FMLS:24 exhibition venue is crowded on the second day.
Panel Discussion on "Regulation, Trust, and the Future of Trading in Africa"
Panel Discussion on "Regulation, Trust, and the Future of Trading in Africa"
Panel Discussion on "Regulation, Trust, and the Future of Trading in Africa"
Panel Discussion on "Regulation, Trust, and the Future of Trading in Africa"
Panel Discussion on "Regulation, Trust, and the Future of Trading in Africa"
Panel Discussion on "Regulation, Trust, and the Future of Trading in Africa"
Experts discuss the topic "Regulation, Trust, and the Future of Trading in Africa" at FMLS:24
Experts discuss the topic "Regulation, Trust, and the Future of Trading in Africa" at FMLS:24
Experts discuss the topic "Regulation, Trust, and the Future of Trading in Africa" at FMLS:24
Experts discuss the topic "Regulation, Trust, and the Future of Trading in Africa" at FMLS:24
Experts discuss the topic "Regulation, Trust, and the Future of Trading in Africa" at FMLS:24
Experts discuss the topic "Regulation, Trust, and the Future of Trading in Africa" at FMLS:24