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Europe's Economic Crossroads: Recession Fears and S&P Global's
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Retail FX
IG Group Appoints Mark Evans as Head of Corporate Development
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.
Wednesday, 17/04/2024 | 13:46 GMT
by
Jared Kirui
Executive Moves
IG Group Names New Chief Operating Officer and Chief Risk Officer
Jody Dunn is now the COO and Sarah Gore Langton is the CRO.
Both appointments came as internal promotions.
Monday, 18/03/2024 | 06:19 GMT
by
Arnab Shome
Retail FX
Breaking: IG Group’s CFO and COO Resigns, Q3 FY24 Revenue Remains Flat
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.
Thursday, 14/03/2024 | 07:21 GMT
by
Arnab Shome
Retail FX
IG Group, Aichi Arena Corp, and AEG Ink Naming Rights Deal for Sports Arena in Japan
The IG Arena is scheduled to open in 2025.
The arena will serve as a hub for sports and entertainment in Japan.
Thursday, 08/02/2024 | 16:12 GMT
by
Jared Kirui
Executive Moves
Exclusive: IG Asia’s CEO Tony Lim Is Leaving after 9 Years
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.
Thursday, 01/02/2024 | 11:36 GMT
by
Arnab Shome
Retail FX
IG Group's Earnings Take a Hit in Tough Market, Falling 32% in HY FY24
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.
Thursday, 25/01/2024 | 07:38 GMT
by
Damian Chmiel
Executive Moves
IG Gets New Australia and New Zeland Unit CEO with an Internal Promotion
Matthew Davidson has been working for IG Group for about 19 years.
IG will onboard a new Group CEO later this month.
Tuesday, 16/01/2024 | 09:25 GMT
by
Arnab Shome
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Executives
Eren Eraslan Assumes as Head of Northern Europe at IG
Previously, Eraslan led as Head of Germany and Austria at IG.
Earlier, the company appointed Breon Corcoran as its permanent Chief Executive Officer.
Friday, 05/01/2024 | 11:34 GMT
by
Tareq Sikder
Executive Moves
IG Prime Strengthens APAC Team by Hiring Andrew Wood from CMC
Wood has joined the Sydney offices of IG Prime.
He also held positions at CMC Markets, Saxo, and Deutsche Bank.
Monday, 18/12/2023 | 05:29 GMT
by
Arnab Shome
Executives
Breaking: IG Group Names Breon Corcoran as CEO
He will join the broker on 29 January 2024.
Previously, he headed WorldRemit and multiple online betting brands as a CEO.
Friday, 08/12/2023 | 07:22 GMT
by
Arnab Shome
Executives
Exclusive: IG's South Africa CEO Leaves amid Global Workforce Reduction
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.
Monday, 04/12/2023 | 12:35 GMT
by
Arnab Shome
Retail FX
IG Group Launches £150 Million Share Buyback Tranche
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.
Tuesday, 07/11/2023 | 09:00 GMT
by
Damian Chmiel
Retail FX
Three IG Group Subsidiaries Report Mixed Results for Fiscal Year 2023
Profits reported by IG Markets and IG Index decreased slightly in FY23.
However, IG Trading and Investments reported a robust growth.
Tuesday, 31/10/2023 | 08:05 GMT
by
Damian Chmiel
Retail FX
Breaking: IG Group to Reduce 10% Staff Globally
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.
Tuesday, 31/10/2023 | 07:12 GMT
by
Arnab Shome
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Brokers
IG’s Q1 OTC Revenue Drops 8% despite Strong Interest Income
The broker generated £34.4 million in interest income alone.
Active clients on the platform declined to 267,000.
Thursday, 14/09/2023 | 06:52 GMT
by
Arnab Shome
Retail FX
IG Group's American Arm Joins FIA, Expands Its Global Trading Network
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.
Wednesday, 30/08/2023 | 21:59 GMT
by
Solomon Oladipupo
Executives
CEO of IG Group, June Felix, Steps Down Due to Ill Health
She has been on medical leave since July.
The broker has initiated the search for a permanent CEO.
Tuesday, 29/08/2023 | 07:30 GMT
by
Arnab Shome
Retail FX
News Nuggets | 2 August: IG's Share Buyback; New Features on Fortex
Also, the partnership between Crossover Markets and Liquid Mercury.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Wednesday, 02/08/2023 | 10:47 GMT
by
Finance Magnates Staff
Brokers
IG Group Ends FY23 with Lower Trading Revenue, Expands Share Buyback
The trading revenue of the broker has declined 3 percent.
It allocated £250 million more to its share buyback program.
Thursday, 20/07/2023 | 07:21 GMT
by
Arnab Shome
Institutional FX
IG Group's CFO Temporarily Becomes the CEO
The group's CEO June Felix is going on medical leave.
IG will release the financial results for the fiscal year 2023 on July 20.
Monday, 03/07/2023 | 08:50 GMT
by
Jared Kirui
Retail FX
News Nuggets | 25 May: Gate.io in Hong Kong; CFI's New Office
Also, IG's caution against market volatility.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Thursday, 25/05/2023 | 09:30 GMT
by
Finance Magnates Staff
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Retail FX
News Nuggets | 11 May: Zenfinex, Trading 212 Executives; IG's Warning on TRY
Also, BIS on offline CBDC and crypto airdrop on eToro.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Thursday, 11/05/2023 | 10:31 GMT
by
Finance Magnates Staff
Executives
IG Group Hires NatWest Group’s Adam Wheelwright as CTO
Wheelwright has previously worked with UKHSA, Nomura, Dresdner Kleinwort and UBS.
The executive's appointment comes a day after IG Group agreed to acquire Small Exchange.
Tuesday, 04/04/2023 | 13:00 GMT
by
Solomon Oladipupo
Retail FX
IG Group Acquires Small Exchange from Crypto.com’s Parent
The company previous sold its stake in Small Exchange for a return on investment.
However, the firm is now turning to the futures exchange to expand its US offerings.
Monday, 03/04/2023 | 19:52 GMT
by
Solomon Oladipupo
Retail FX
IG Group Expands Share Buyback Program with £50 Million Third Tranche
IG Group initiates the £50m third tranche of the share buyback program, extending to £200m.
The tranche runs from 3 April to 31 August, aiming to reduce share capital.
Monday, 03/04/2023 | 08:08 GMT
by
Damian Chmiel
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