IG revenue surges to £79m

first_img Tags: NULL Thursday 9 September 2010 4:11 am John Dunne IG revenue surges to £79m More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMark Eaton, former NBA All-Star, dead at 64nypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Share Britain’s biggest spread betting company IG, posted a sharp rise in first quarter revenues and said it was well placed for further growth despite continued financial market uncertainty.Turnover for the three months ending 31 August rose 16 per cent from last year to £79m, driven by higher revenues in Singapore, Europe, Australia and at the company’s main UK division.IG said that while volumes were strong in the first half of the quarter, they became more subdued towards the end of the quarter due to the summer holiday season and low volatility.“It remains difficult to predict future trends in volatility or customer reaction to changing market and economic conditions,” IG Group said in a statement.“Growth in the number of active customers and the continued development of the group’s offering leave the group well positioned for further growth,” it added. whatsapp whatsapp Show Comments ▼last_img read more