12 Facts About IG Group

In July 2000, shares in the newly named IG Group plc were first listed on the London Stock Exchange.

In July 2002, IG Group commenced trading in Australia after a change in the country's financial services legislation made it possible to offer contracts for difference to Australian residents.

IG Group took the opportunity to acquire its founder's shares, and those of certain other long-standing shareholders, in a management buy-out which valued the company at £143 million; IG Group plc's listing on the London Stock Exchange was cancelled on 7 November 2003.

In October 2008, IG Group acquired FXOnline Japan KK, a Japanese retail FX business.

Later in 2010, IG Index, IG Group's spread betting firm, was hit with a claim for €25 million by three former clients of defunct Scottish trading firm Echelon Wealth Management for unspecified losses.

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In September 2016, IG Group acquired DailyFX, a foreign exchange trading news and research portal, from FXCM for $40 million.

In January 2017, IG group announced their decision on withdrawal of the binary options betting product, admitting that the arrival of the regulator to the market would significantly worsen the company's state of affairs.

In October 2018, IG Group appointed June Felix as CEO and, in February 2019, IG Group launched IG US to enter US market.

IG Group launched its environmental, social, and governance strategy, Brighter Future, in 2020.

In 2012, IG Group consolidated its business in the UK under one brand, IG.

IG Group is, therefore, the sole trading name of the operating companies:.

FinanceFeeds mentioned that during the January 2021 outage, IG Group provided no customer support but immediately reacted to request for commentary to protect its public image and deny the issues raised by the clients.