IG Group Holdings
|IG Group Holdings|
|Key People||Peter Hetherington, CEO; Andy Green, non-executive chairman|
|Products||Spread betting, binary options, contract-for-difference (CFDs)|
IG Group Holdings plc offers financial derivatives, including Contracts for Difference (CFDs) and financial spread betting, to retail and professional clients. . IG Group is the parent company of IG Index, the UK's largest and longest-running spread betting business and IG Markets, the UK’s number one CFD provider. IG Group is also the parent of Nadex, The North American Derivatives Exchange and extrabet.com.
The group is now one of the UK’s top 200 firms and is listed on the London Stock Exchange and the FTSE 250 and has a market capitalization of £2.92 billion as of March 2016.
IG Group was founded in 1974 as the original spread betting house, which at the time offered a new way for people to trade on the price of gold by dealing on the price of an index rather than trading the commodity itself. Over the years the firm spread the concept to other products and, as the internet emerged in the late 1990s as a venue for trading, IG Group introduced online dealing.
As of 2016, IG Group has 136,000 clients and operate in 17 different countries.
- Andy Green, non-executive chairman
- Peter Hetherington, chief executive officer
- Christopher Hill, chief financial officer
- Andrew MacKay, head of Asia Pacific