IG Group stops new account opening in the UK due to retail trader frenzy
The new account opening freeze seems to be only affecting IG’s main UK website, but not websites operated by other IG entities.
The new account opening freeze seems to be only affecting IG’s main UK website, but not websites operated by other IG entities.
IG is changing the margin requirements for CFDs on certain stocks, including GameStop and AMC.
IG paid about 9x revenues and 20x profits for tastytrade, well above its own multiples of 3.5x revenue and 8.5x trailing profits.
IG Group’s CEO June Felix has acquired 6,300 shares in the broker following the announcement of the acquisition of tastytrade.
IG Group chairman Mike McTighe has purchased 3,100 shares in the broker following the announcement of the acquisition of tastytrade.
IG Group saw a sustained step-change in client numbers and client trading across its leveraged and non-leveraged product sets in 1H-2021.
IG Group announces the acquisition of tastytrade, a high growth US online brokerage and trading education platform.
IG is offering weekly equity options on the platform for some stocks over earnings season.
To continue to trade with IG, EEA-based clients have to agree to transfer their accounts to IG Europe by January 8, 2021.
The move marks the latest in a number of departures at IG Group in its communications and marketing departments.