IG Group expects FY25 revenue, pre-tax profit to meet or exceed upper end of range of consensus
IG Group Holdings plc (LON:IGG) today issued an update on trading for the fourth quarter of the financial year ending 31 May 2025 (Q4 FY25).
IG Group Holdings plc (LON:IGG) today issued an update on trading for the fourth quarter of the financial year ending 31 May 2025 (Q4 FY25).
The £160 million acquisition of London based neobroker Freetrade by IG Group was first announced on 16 January 2025.
Electronic trading major IG Group Holdings plc (LON:IGG) today issues its revenue update for the three months to 28 February 2025 (Q3 FY25).
Electronic trading major IG Group Holdings plc (LON:IGG) today announced the acquisition of Freetrade for £160 million.
Davide Fioranelli co-founded the UK-based neobroker Freetrade alongside Adam Dodds in 2015, but left in 2021.
Freetrade’s 2023 (12-month) Revenues were £21.6 million, up 45% from £14.9 million in calendar 2022.
Stake launched services for UK clients in 2020, but has decided to focus primarily on its Australia and New Zealand operations.
Adam Dodds has been the only CEO Freetrade has known since co-founding the company in 2016.
Jordan Sinclair spent the past two years as Managing Director – Europe for UK based neobroker Freetrade.
Freetrade is an app-based stockbroker, providing an execution-only trading platform to retail customers.