Revenues up 23% at IG Group
Spread betting pioneer IG Group saw a high level of client activity in the second quarter of its financial year, continuing the trend seen in the first.
Spread betting pioneer IG Group saw a high level of client activity in the second quarter of its financial year, continuing the trend seen in the first.
As a result, the group currently expects to achieve revenues in excess of £193.0m for the first half, compared to £156.7m in the corresponding period for the prior year, a 23% gain.
Costs have been in line with management's expectations.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The group will issue a more detailed trading statement on Tuesday, December 13th, 2011 for the period ending November 30th, 2011.
--
jh
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
Fund flows rose in April but did investors sell in May?
ISA season prompted the highest level of inflows into investment funds during April but the mood may have changed in May
-
Pension Schemes Bill: what’s changing and what it means for you
The government’s latest reforms to pensions are designed to make saving for retirement easier and better value for money – but will they leave you better off?