IG Group Revenues Rise in Q1 as Active Clients Growth Higher

[kreslik.news]

IG Group (LON:IGG) has just reported some financial metrics for the first quarter of fiscal 2016 in a trading statement. The company has announced that it generated a 5.1 per cent increase in revenues when compared to the same period last year, with the total figure amounting to £111.4 million ($145 million).

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The result is rather positive due to the comparably lower volatility during the period with the VIX index dropping to its lowest levels in July and August. With the first quarter of the year ... (read more)