IG Group revenue rises 16% in H1 2022

<img width="562" height="338" src="https://www.leaprate.com/wp-content/uploads/2020/12/IG-Group-volumes.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="IG Group" style="float: left; margin-right: 5px;" link_thumbnail="" srcset="https://www.leaprate.com/wp-content/uploads/2020/12/IG-Group-volumes.jpg 880w, https://www.leaprate.com/wp-content/uploads/2020/12/IG-Group-volumes-768×463.jpg 768w, https://www.leaprate.com/wp-content/uploads/2020/12/IG-Group-volumes-730×438.jpg 730w, https://www.leaprate.com/wp-content/uploads/2020/12/IG-Group-volumes-230×138.jpg 230w, https://www.leaprate.com/wp-content/uploads/2020/12/IG-Group-volumes-380×228.jpg 380w, https://www.leaprate.com/wp-content/uploads/2020/12/IG-Group-volumes-88×53.jpg 88w, https://www.leaprate.com/wp-content/uploads/2020/12/IG-Group-volumes-245×148.jpg 245w, https://www.leaprate.com/wp-content/uploads/2020/12/IG-Group-volumes-500×301.jpg 500w" sizes="(max-width: 562px) 100vw, 562px" /><p>June Felix, Chief Executive, commented:</p>
<div><img aria-describedby="caption-attachment-432794" class=" wp-image-432794" src="https://www.leaprate.com/wp-content/uploads/2020/07/june-felix.jpg" alt="June Felix, IG Group" width="167" height="110" srcset="https://www.leaprate.com/wp-content/uploads/2020/07/june-felix.jpg 330w, https://www.leaprate.com/wp-content/uploads/2020/07/june-felix-245×162.jpg 245w" sizes="(max-width: 167px) 100vw, 167px" /><p>June Felix</p></div>
<blockquote><p> This has been a period of outstanding performance with record revenues and profits. Since we launched our new strategy three years ago, the group has transformed from a UK-centric, CFD focused firm, to a global financial technology company with a multi-product trading platform.</p></blockquote>
<blockquote><p>One of the key factors behind the success of this transformation is our ‘global reach, local focus’ which allows us to act with agility to tailor our offerings. Our outstanding growth in Japan is a strong illustration of this approach.</p></blockquote>
<h2>tastytrade acquisition</h2>
<p><a target="_blank" href="https://www.leaprate.com/forex/institutional/ig-group-completes-1-billion-deal-with-tastytrade/" rel="noopener">tastytrade</a> continuing to build momentum following the acquisition by <a target="_blank" href="https://www.leaprate.com/tag/ig-group/" rel="noopener">IG Group</a>. The online brokerage and investor education platform showed strong growth, delivering revenue of £52.8 million in the 5 months since acquisition.</p>
<p>June Felix continued:</p>
<blockquote><p>The tastytrade acquisition in June 2021 brought about a step-change in our reach and product offering. Through our complementary capabilities, and buttressed by tastytrade’s award winning technology platform and compelling, distinctive educational content, IG is well positioned to take advantage of the global structural shifts toward self-directed trading and deliver continued sustainable growth.</p></blockquote>
<p>The post <a rel="nofollow" href="https://www.leaprate.com/forex/brokers/ig-group-revenue-rises-16-in-h1-2022/">IG Group revenue rises 16% in H1 2022</a> appeared first on <a rel="nofollow" href="https://www.leaprate.com">LeapRate</a>.</p>