IG Group to acquire Australian cryptocurrency exchange

19th Sep 2025 08:14

(Sharecast News) - Online trading provider IG Group said on Friday that it had agreed to acquire Independent Reserve, one of Australia's largest cryptocurrency exchanges, in a deal worth up to AUD $285.1m (£139.0m), marking a major strategic push into the Asia-Pacific digital asset market.

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London close: Stocks rise as BoE keeps rates on hold

18th Sep 2025 17:41

(Sharecast News) - London stocks ended higher on Thursday, as investors digested the Bank of England's decision to leave interest rates unchanged, following the US Federal Reserve's move to cut rates.

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IG Group chair Mike McTighe to step down

15th Sep 2025 07:14

(Sharecast News) - Trading platform operator IG Group announced on Monday that its chair Mike McTighe will step down after nearly six years in the role.

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IG Group FY profits jump as trading volumes, revenue per customer rise

24th Jul 2025 10:13

(Sharecast News) - Online trading platform IG Group reported a jump in full-year profits and revenue on Thursday as trading volumes and revenue per customer rose.

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IG Group completes capital reduction

27th Jun 2025 12:08

(Sharecast News) - IG Group confirmed on Friday that its previously-announced reduction of capital has become effective following approval by the High Court.

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Canaccord Genuity lowers IG Group to 'hold'

30th May 2025 09:06

(Sharecast News) - Analysts at Canaccord Genuity downgraded online trading platform operator IG Group from 'buy' to 'hold' on Friday as a result of the company issued "a positive trading update" and "instigated some changes" to its capital structure over the last few weeks.

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IG Group says volatile markets push profit to top end of forecasts

12th May 2025 07:16

(Sharecast News) - Online trading platform IG Group said it expected annual earnings and revenue to meet or slightly exceed the upper end of consensus forecasts after volatile markets caused by US tariffs drove higher-than-expected levels of client trading in the fourth quarter.

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IG Group Q3 revenues jump amid stronger market conditions

13th Mar 2025 08:10

(Sharecast News) - IG Group posted a rise in third-quarter revenues on Thursday as it benefited from stronger market conditions and an increase in active clients.

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IG Group extends share buyback as interim profits rise

23rd Jan 2025 07:42

(Sharecast News) - Online trading platform IG Group reported a jump in interim profit on Thursday in "more supportive market conditions" and said it was extending its share buyback programme.

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Freetrade faces investor backlash over sale to IG - report

16th Jan 2025 16:42

(Sharecast News) - Online trading app Freetrade reportedly faces a backlash from early investors after announcing a £160m sale to IG Group - a fraction of the valuation it targeted during earlier fundraising talks.

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London close: Stocks mixed as Chancellor unveils tax hikes

30th Oct 2024 14:57

(Sharecast News) - London stocks saw mixed results on Wednesday as investors weighed the impact of the £40bn worth of tax rises announced by Rachel Reeves in her first Budget as Chancellor.

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FTSE 250 movers: Grafton rises on acquisition, Hochschild in the red

30th Oct 2024 14:29

(Sharecast News) - The FTSE 250 was trading more than 1% higher on Wednesday afternoon, with the gains driven by updates from a number of companies earlier in the session.

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IG Group appoints Clifford Abrahams as CFO

30th Oct 2024 10:50

(Sharecast News) - IG Group said on Wednesday that it has appointed Clifford Abrahams as chief financial officer and as an executive director.

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IG Group kicks off second tranche of share buyback

25th Sep 2024 07:19

(Sharecast News) - IG Group announced the start of the second tranche of its share buyback programme on Wednesday, with an allocation of up to £75m.

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London close: Stocks finish higher as BoE holds rates

19th Sep 2024 16:03

(Sharecast News) - London stocks closed higher on Thursday, buoyed by the Bank of England's widely-expected decision to leave interest rates unchanged.

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