financetom
World
financetom
/
World
/
UK's IG Group plans Jersey holding company as strategic review advances
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
UK's IG Group plans Jersey holding company as strategic review advances
Jul 7, 2026 11:51 PM

July 8 (Reuters) - Britain's IG Group ( IGGRF ) on Wednesday

proposed establishing a new group holding company in Jersey as

the online trading platform presses ahead with a strategic

overhaul aimed at unlocking shareholder value.

The FTSE 100 firm's Jersey plan reflects a broader shift in

its business away from its British roots, with around two-thirds

of revenue now generated outside the UK.

London-listed financial firms have increasingly sought

structural flexibility to pursue growth in fast-moving global

markets reshaped by new trading technologies.

IG also posted an 18% year-on-year jump in first-half

revenue, with active customers increasing about 66% on a

reported basis.

(Reporting by Yamini Kalia in Bengaluru; Editing by Subhranshu

Sahu)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
UK stocks stabilise a day after selloff on fiscal concerns
UK stocks stabilise a day after selloff on fiscal concerns
Jul 3, 2025
* FTSE 100 rises 0.6%, FTSE 250 adds 1.2% * Watches of Switzerland ( WOSGF ) slumps after margin hit warning * Currys ( DSITF ) up after beating profit expectations * UK services sector expands at fastest pace since August (Updates to closing prices) July 3(Reuters) - London's main stock indexes closed higher on Thursday as political tensions appeared...
Update: Wedbush Lifts Datadog Price Target to $170 From $140, Maintains Outperform Rating; Shares Rise
Update: Wedbush Lifts Datadog Price Target to $170 From $140, Maintains Outperform Rating; Shares Rise
Jul 3, 2025
11:57 AM EDT, 07/03/2025 (MT Newswires) -- (Updates with the analyst's commentary.) Wedbush raised the price target on Datadog Inc ( DDOG ) to $170 from $140 while maintaining its outperform rating. The brokerage said S&P Global ( SPGI ) announced it will add Datadog ( DDOG ) to the S&P 500 Index in place of Juniper Networks (JNPR), which...
European Equities Traded in the US as American Depositary Receipts Track Lower in Thursday Trading
European Equities Traded in the US as American Depositary Receipts Track Lower in Thursday Trading
Jul 3, 2025
11:02 AM EDT, 07/03/2025 (MT Newswires) -- European equities traded in the US as American depositary receipts were tracking lower late Thursday morning, declining 0.13% to 1,490.02 on the S&P Europe Select ADR Index. From continental Europe, the gainers were led by biopharmaceutical company DBV Technologies ( DBVT ) and internet advertising firm Criteo ( CRTO ) , which rose...
European Equities Close Mostly Higher in Thursday Trading; EU Targets July 9 for US Trade Deal
European Equities Close Mostly Higher in Thursday Trading; EU Targets July 9 for US Trade Deal
Jul 3, 2025
12:15 PM EDT, 07/03/2025 (MT Newswires) -- The European stock markets closed mostly higher in Thursday trading as the Stoxx Europe 600 rose 0.40%, Germany's DAX was up 0.47%, the FTSE 100 increased 0.55%, France's CAC 40 gained 0.21%, while the Swiss Market Index was off 0.12%. The European Union is aiming for a trade agreement in principle with the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved