IG Group Reports Record Revenue Quarter in Quiet Summer Markets

[kreslik.news]

IG Group (LON:IGG) has been on a tear in the first quarter of fiscal 2018 that ended for the company on the 31st of August 2017. The multi-asset brokerage and spread betting provider reports that revenues came in 21 percent higher than a year ago at £135.2 million (
$182.5 million). The increase comes despite a relatively quiet period for the financial markets over the summer and despite the base effects of Brexit last year.

IG Group’s (LON:IGG) revenues during Q1 2018 are particularly stronger in the EMEA region, rising 31 percent to £39 million ($52.6 million) ... (read more)