Spread-Bets Boom Sees Ig Leap 30% in Volatile Times [Edition 2]
Evening Standard - London › July 21, 2009
Linked as:
Summary
PUNTERS are betting on the movements in stock-market indices and in the currency markets like never before, according to Britain's biggest spreadbetting firm IG Index.
The volatility in financial markets which has attracted increased volumes of financial bets has sent IG's revenues soaring 40% and profits leaping 30% to Pounds 125 million in the year to the end of May.See the full content of this document
Extract
Spread-Bets Boom Sees Ig Leap 30% in Volatile Times [Edition 2]
The growth in financial spread betting -- taking a gamble on whether a stock, index, currency or commodity will rise or fall over a certain period -- ...
See the full content of this document
Sponsored links
