LCG adds IG Group trading platform
London based online brokerage firm London Capital Group (or “LCG”) has announced that it has signed a new partnership with IG Group (LON:IGG) to leverage IG’s platform, pricing and execution.
LCG said that as part of the new evolution of the company it will be partnering with industry-leading providers, so that its clients can access the best products, technology and pricing from across the financial markets.
FNG had exclusively reported in mid December that LCG ownership went out and hired a new management team in a plan to revive the once-proud brand, led by CEO Dave Worsfold and Managing Director Matt Basi.
The agreement is also a big win for IG Group, which has been quietly growing its B2B services arm providing technology, liquidity and services to smaller brokers.
Matt Basi, Managing Director at LCG said:
“IG’s Web Trading Platform is well established, industry-leading technology, backed by IG’s excellent pricing, liquidity and execution. We’re delighted to add their platform to our existing offering and believe it positions us strongly to on-board brokers and high value clients for the next stage of the LCG journey.”