30th Nov 2015 07:23
LONDON (Alliance News) - IG Group Holdings PLC on Monday said that revenue in the second quarter of its financial year will be slightly ahead of the first, although the online financial trading company thinks it is still too soon to comment on how it will fare across the year as a whole.
IG, which provides contracts for difference and spread betting products to allow retail investors to take positions on different asset classes, said it performed well in "quieter" markets in the three months to November 30.
"Although it is too early to predict how the full year will outturn, the company remains on track as it approaches the second half, and it is pleased with the ongoing strength in client recruitment in all of its markets and the progress it is making on delivering its strategic initiatives," IG said in a statement.
By Samuel Agini; [email protected]; @samuelagini
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