IG Group to axe 300 jobs
IG Group expects to reduce headcount by approximately 300, which represents around 10% of the total workforce at the end of FY23.
IG Group expects to reduce headcount by approximately 300, which represents around 10% of the total workforce at the end of FY23.
Chief Financial Officer and Acting Chief Executive Officer Charles Rozes acquired shares in IG Group on October 3, 2023.
The First Tranche will be for a maximum £100 million, will commence on 2 August 2023 and will end on or before 12 December 2023.
Starting July 1, LCG will effectively become an introducing broker to (former) rival IG Group (LON:IGG).
LCG said it will be partnering with industry-leading providers, so that its clients can access the best products, technology and pricing.
IG also will become lead sponsor of Sunday Night Football on Sky Sports, as well as Super Bowl live and The NFL Show on Friday evenings.
IG Group has announced a collaboration with Glac-UP, an Italian Benefit Corporation dedicated to increasing awareness about climate change.
Co-founder Kristi Ross will move to a strategic advisory role and step back from day-to-day responsibilities at tastytrade and IG.
On May 23, 2022, Andrew Didham, a non-executive director of IG Group, acquired 4,894 shares in the broker.
Electronic trading major IG would love to hear what market and pre-trade analysis traders currently explore.