IG Group posts bumper quarter on virus volatility

19th Mar 2020 08:10

(Sharecast News) - IG Group reported its third-best quarter ever after "unprecedented" market volatility caused by the coronavirus caused a surge in dealing by trader clients.

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Thursday broker round-up

30th Jan 2020 15:04

(Sharecast News) - IG Group Holdings: Liberum Capital downgrades to hold with a target price of 695p.

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IG Group interim profit declines but medium-term targets reiterated

21st Jan 2020 07:56

(Sharecast News) - Online trading platform IG Group reiterated its medium-term financial targets on Tuesday as it posted a drop in interim trading revenue and profit and announced the departure of its chief financial officer.

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IG Group appoints Openreach's McTighe as chairman

11th Dec 2019 07:30

(Sharecast News) - IG Group on Wednesday announced that former Betfair and Ofcom director Robert Michael McTighe will take over from Jonathan Moulds as chairman on 3 February 2020.

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IG Group first-half revenue set to dip

5th Dec 2019 08:08

(Sharecast News) - IG Group said on Thursday that trading revenue for the first half of the year was set to come in just a touch below the previous year.

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IG Group first-quarter revenues flat, still sees return to revenue growth in FY20

19th Sep 2019 07:36

(Sharecast News) - Online trading platform IG Group reported flat first-quarter revenues on Thursday, said it performed well and backed its expectations for a return to revenue growth in FY20.

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CMC Markets sees annual profits ahead of analyst ranges

22nd Aug 2019 13:03

(Sharecast News) - Online trading company CMC Markets said on Thursday that net operating income and pre-tax profit for the year to the end of March 2020 are expected to be "marginally" ahead of the upper end of analysts' ranges.

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Wednesday broker round-up

22nd May 2019 13:29

(Sharecast News) - Moneysupermarket Group: UBS upgrades to buy with a target price of 415p.

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IG Group shares up amid late improvement in trading conditions

22nd May 2019 07:36

(Sharecast News) - IG Group Holdings reported on Wednesday that the "low levels" of volatility and market activity it experienced in the third quarter had continued into the first two months of its final quarter, as it updated the market on its trading ahead of the end of its financial year.

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Andy Green to step down as IG Group chairman

15th Apr 2019 07:56

(Sharecast News) - Online trading platform IG Group said on Monday that Andy Green is planning to step down as chairman at the company's annual general meeting in September.

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Berenberg downgrades Plus500 to 'hold' as revenues slump

12th Apr 2019 15:28

(Sharecast News) - Berenberg downgraded its stance on shares of online trading platform Plus500 to 'hold' from 'buy' on Friday and slashed the price target to 770p from 1,800p after it posted a big drop in first-quarter revenues amid "extremely subdued" financial markets.

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IG's quarterly trading revenues disappoint, but client numbers rise

21st Mar 2019 08:08

(Sharecast News) - IG Group's revenues fell 12% in the third quarter compared to the second as the online trading platform continued to adjust to new regulations and lower levels of volatility in financial markets in the last two months.

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FTSE 250 movers: Plus500 tumbles, oilers bubble up

12th Feb 2019 14:09

(Sharecast News) - London's FTSE 250 gave up its early gains and finished just below flat 18,824.78 on Tuesday, with Plus500 dragging the index lower as its shares plummeted on profit uncertainty.

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Peel Hunt ups Plus500 to 'add' from 'hold'

1st Feb 2019 12:46

(Sharecast News) - Plus500 got a boost on Friday as Peel Hunt upped its stance on the stock to 'add' from 'hold' and lifted the price target to 1,650p from 1,500p as it took a look at trading platforms.

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IG Group's first-half profits fall 18%

22nd Jan 2019 08:14

(Sharecast News) - IG Group sales and profits fell in the first half as stringent new rules were imposed by the European securities regulator.

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