IG distances itself from Worldspreads

IG Group Holdings has said it notes that Worldspreads has appointed Joint Special Administrators following the identification of a material shortfall in client money and points out this it has no direct financial exposure to that company.

IG Group Holdings has said it notes that Worldspreads has appointed Joint Special Administrators following the identification of a material shortfall in client money and points out this it has no direct financial exposure to that company.

Worldspreads had a UK market share of around 3%, compared to the IG's share of 41%, according to the most recently available market research.

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