IGG.L - IG Group Holdings plc

LSE - LSE Delayed Price. Currency in GBp
-1.80 (-0.31%)
As of 12:44PM BST. Market open.
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Previous Close580.00
Bid577.80 x 0
Ask577.60 x 0
Day's Range558.80 - 586.74
52 Week Range467.40 - 956.50
Avg. Volume1,070,728
Market Cap2.133B
Beta (3Y Monthly)-0.25
PE Ratio (TTM)10.23
EPS (TTM)56.50
Earnings DateJul 23, 2019
Forward Dividend & Yield0.46 (7.84%)
Ex-Dividend Date2019-01-31
1y Target Est765.88
  • Reuters6 hours ago

    Trading platform IG confident of turning corner after profit slump

    IG, like rivals Plus500 and CMC Markets, has struggled as regulators tightened rules on platforms which had allowed anyone with a bank card to make highly leveraged bets on markets via easily accessible mobile phone apps. The European Union's securities watchdog, the European Securities and Markets Authority (ESMA), introduced a ban on the sale of 'binary' options to retail customers last July, saying there are still concerns about the risks of the products.

  • IG Group Holdings plc (LON:IGG) Is A Real Dividend Rock Star - Here Is Why
    Simply Wall St.15 days ago

    IG Group Holdings plc (LON:IGG) Is A Real Dividend Rock Star - Here Is Why

    If you are an income investor, then IG Group Holdings plc (LON:IGG) should be on your radar. IG Group Holdings plc...

  • Bloomberg20 days ago

    U.K. Finance Watchdog Proposes Retail Crypto Derivatives Ban

    (Bloomberg) -- The U.K.’s financial services regulator is proposing a ban on retail sales of derivatives tied to some crypto assets, as it seeks to clamp down on risky financial products.The Financial Conduct Authority said cryptocurrencies have no reliable basis for valuation, while market abuse and financial crime are prevalent in the secondary market for digital assets. The watchdog estimates that a ban on retail trading could prevent between 75 million pounds ($94 million) and 234.3 million pounds in losses a year, according to a statement on Wednesday.Retail investors in the U.K. are able to speculate on cryptocurrencies through complex derivatives known as contracts for difference, or CFDs. Largely banned in the U.S. and under increasing scrutiny in Europe, these instruments allow amateur traders to make risky bets on assets without owning them.“Most consumers cannot reliably value derivatives based on unregulated crypto assets,” said Christopher Woolard, Executive Director of Strategy & Competition at the FCA. “Prices are extremely volatile and as we have seen globally, financial crime in crypto-asset markets can lead to sudden and unexpected losses.”Scams involving cryptocurrencies and foreign exchange boomed last year, losing British investors more than 27 million pounds, according to the FCA, which told consumers in May to watch out for online trading platforms offering get-rich-quick schemes.Companies that currently offer CFDs tied to cryptocurrencies include CMC Markets Plc, Plus500 Ltd. and IG Group Holdings Plc, according to their websites. The shares of all three companies briefly declined on the news.“This is further mood music that the regulatory environment for these kinds of business continues to be tough,” said Portia Patel, analyst at Canaccord Genuity. “Expect retail CFD companies to lobby hard against this.”(Updates with CFD providers’ share price moves in fifth paragraph.)\--With assistance from Viren Vaghela.To contact the reporters on this story: Alastair Marsh in London at amarsh25@bloomberg.net;Donal Griffin in London at dgriffin10@bloomberg.netTo contact the editors responsible for this story: Ambereen Choudhury at achoudhury@bloomberg.net, Marion Dakers, Keith CampbellFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Benzingalast month

    'It's All About Early Detection': The Role Of Social Media In Financial News

    A group of modern investors joined Benzinga’s Trading Summit to discuss strategies for successful investing in today’s market, with social media receiving a wealth of attention. “It's all about initially trying to detect that anomaly,” he said.

  • Reuters2 months ago

    European stocks edge down on Brexit, trade war fears

    European shares edged lower on Wednesday on unease over developments in the U.S.-China trade war and Britain's uncertain departure from the European Union. The pan-European STOXX 600 index closed down ...

  • Did IG Group Holdings plc (LON:IGG) Insiders Buy Up More Shares?
    Simply Wall St.2 months ago

    Did IG Group Holdings plc (LON:IGG) Insiders Buy Up More Shares?

    It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...

  • Reuters2 months ago

    IG Group shares jump as it sets out goals to return to growth

    The company, which provides online stockbroking and trading services to retail investors, said it expected full-year net trading revenue to fall 17% to around 475 million pounds from 569 million a year earlier, while operating profit would sink to 190 million pounds from 281 million pounds. The sector has also faced lower volatility this year as investors gauged the outcome of U.S.-China trade talks and Brexit.

  • Reuters3 months ago

    IG Group Chairman Andy Green to step down

    (Reuters) - Financial trading platform IG Group Chairman Andy Green will step down in September after spending over five years in the role, the company said on Monday. Green's departure comes after IG, ...

  • Reuters3 months ago

    Plus500 shares slump to two-year low after revenue collapses

    New rules reducing leverage and protecting amateur retail investors from heavy losses have been in place for a year but are only beginning to show up more dramatically in results of Plus500 and peers like IG and CMC Markets. A cryptocurrency boom that was in full swing at the start of 2018 has also collapsed, with bitcoin trading at around $5,000 from highs near $20,000, adding to the platforms' problems. Plus500's revenue sank to $53.9 million in the first quarter from $297.3 million a year ago, sending shares down 43 percent to a two-year low of 399.7 pence and dragging IG and CMC around 5 percent lower.

  • Some IG Group Holdings (LON:IGG) Shareholders Are Down 34%
    Simply Wall St.4 months ago

    Some IG Group Holdings (LON:IGG) Shareholders Are Down 34%

    Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! The simplest way to benefit from a rising market is to buy an index fund. While individual stocks can be big winners, pl...

  • Reuters4 months ago

    CMC shares hit record low on profit warning as finance chief plans exit

    The profit warning dragged down shares in Britain's biggest online trading firms IG Group and Plus500 Ltd. Regulators are tightening rules on products that allow anyone with a bank card to make highly leveraged bets on financial markets through apps and online platforms. CMC Markets said it expected net operating income of 131 million pounds for the year to March 31, compared with 187.1 million pounds a year before.

  • Reuters4 months ago

    UK regulator to permanently ban binary options from April 2

    (Reuters) - Britain's financial watchdog said it will permanently ban the sale of complex derivative products to retail customers from Tuesday to protect them from large and unexpected trading losses. ...

  • Reuters4 months ago

    FTSE 100 at five-and-a-half month high as no-deal Brexit fears hit pound

    The FTSE 100 bounced 0.9 percent, comfortably outperforming its European peers, as the pound dipped amid growing concern that a no-deal Brexit would become a reality. Many large UK-listed firms earn the bulk of their income abroad in foreign currencies and their shares benefit from a falling pound. The midcap FTSE 250, more domestically focussed, was 0.2 percent lower.

  • CNBC4 months ago

    UPDATE 2-FTSE 100 at 5-1/2-mnth high as no-deal Brexit fears hit pound

    Britain's FTSE 100 jumped to its highest level in five-and-a-half months as its multinational stocks got a boost from weaker sterling, while results-driven slumps in engineering firm Renishaw and trading platform IG dented the midcap index. The FTSE 100 bounced 0.9 percent, comfortably outperforming its European peers, as the pound dipped amid growing concern that a no-deal Brexit would become a reality.

  • Reuters4 months ago

    Regulatory woes, lower volatility spoil IG Group's third quarter

    London-listed trading platforms have been battling a shrinking client base as regulators tighten rules on products that allowed anyone with a bank card to make highly leveraged bets on financial markets via apps and online platforms. Britain's Financial Conduct Authority said last month that the European Securities and Markets Authority's (ESMA) temporary curbs on contracts-for-difference (CFDs) will become part of UK domestic law when Britain leaves the EU, due on March 29. IG, which provides online stockbroking and trading services, also blamed a decline in volatility in financial markets throughout the quarter, which it said led to persistently lower market activity in February.

  • PR Newswire5 months ago

    IG Group Announces Launch of Foreign Exchange Provider IG US

    After being named the best forex broker in the UK in 2018, IG brings its award-winning service to U.S. Market CHICAGO , Feb. 27, 2019 /PRNewswire/ -- IG Group ('IG') - a global leader in online trading ...

  • Miners lift FTSE 100; Dairy Crest, Provident gain on M&A
    Reuters5 months ago

    Miners lift FTSE 100; Dairy Crest, Provident gain on M&A

    By Muvija M and Shashwat Awasthi (Reuters) - Strength in miners on growing optimism over global trade talks helped FTSE 100 inch higher and bid news lifted Dairy Crest and Provident Financial among mid-caps ...