10th Sep 2015 08:46
LONDON (Alliance News) - IG Group Holdings PLC on Thursday said it has entered the Middle East by opening an office in Dubai, United Arab Emirates.
Having received approval from the Dubai Financial Services Authority, the online financial trading company will now aim to attract retain investors in the region.
IG Group said that more than 52% of respondents to a YouGov survey it commissioned of 1,000 UAE residents make investment decisions themselves, with 36% currently in possession of an investment portfolio. About two-thirds of people surveyed said showed an interest in learning more about trading in financial markets.
IG shares were down 0.3% at 737.62 pence on Thursday morning.
By Samuel Agini; [email protected]; @samuelagini
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