BREAKING NEWS

BREAKING NEWS

IG Group's first-quarter revenue jumps on expanding client base

Now Reading:

IG Group's first-quarter revenue jumps on expanding client base

Text size Aa Aa

(Reuters) – IG Group Holdings Plc, a British online trading company, reported a rise in first-quarter revenue, as an expanding client base helped counter quieter markets. The company, which provides online stockbroking and trading services to retail investors, said revenue rose 21.4 percent to 135.2 million pounds for the quarter ended Aug 31. Revenue in the UK rose 11 percent to 58.8 million pounds, while Europe saw a rise of 31 percent, IG said.

(Reporting by Noor Zainab Hussain and Radhika Rukmangadhan in Bengaluru; editing by Jason Neely)
euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.