The London Stock Exchange uses cookies to improve its website. The cookies for analytical purposes have already been set. For more details and how to manage cookies, please see our privacy and cookies policy.

Welcome stories


4 May 2005
04/05/2005 IG GRoup opens the London Markets

4 May 2005

 

IG Group opens the London Markets

 


IG is a fast growing provider of speculative investment products to retail and institutional clients around the world.  The Group's core business is spread betting, both on financial markets and on sporting, entertainment and political events. The Group's other products and services include contracts for differences ("CFDs"), foreign exchange trading and binary betting.  The Group has two core brands - IG, under which IG Index and IG Markets operate, and binarybet.com(tm). More than 85% of the Group's client transactions are executed online.


IG was founded in the UK in 1974 and commenced trading in Australia in 2002. The Group has offices in London and Melbourne and employs approximately 270 people, over 250 of whom are based in London.

IG's IPO was priced at 120p.  Chairman Jonathan Davie commented that, "The IPO received an excellent response from major domestic and international institutions as well as from clients and staff.  We are delighted with the outcome and look forward to progressing the next phase of the Group's development."

.

The Exchange accepts no responsibility for the content of the website you are now accessing or for any reliance placed by you or any person on the information contained on it.

By allowing this link the Exchange does not intend in any country, directly or indirectly, to solicit business or offer any securities to any person.

You will be redirected in five seconds.

You are accessing the London Stock Exchange Annual Report Service powered by PrecisionIR.

The Exchange accepts no responsibility for the content of the reports you are now accessing or for any reliance placed by you or any person on the information contained therein.

By allowing this link the Exchange does not intend in any country, directly or indirectly, to solicit business or offer any securities to any person.

You will be redirected in five seconds