IG Index Account
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Why an IG Index Account?
You get all the normal benefits of spread betting and more...they say:
"IG Index is the UK’s leading financial spread betting firm.
"We offer prices on a huge range of indices, currencies, commodities and options, as well as thousands of individual shares.
"Financial spread betting has grown exponentially in the last decade because it offers traders and investors a unique combination of flexibility, speed of execution and tax-free* profits.
IG Index History
"IG Index, the original IG Group company, was founded in 1974. It was the first financial spread betting company in Britain, and is today the leading operation of its type in the world. The group expanded rapidly in the 1990s with the introduction of FX dealing, Contracts for Differences (CFDs) and sports spread betting.
"In 2000 IG Group was floated on the LSE.
"In 2003 IG’s founder, Stewart Wheeler, sold his remaining interest in IG. That saw a management buyout backed by CVC Capital Partners. IG expanded its product range and scope of operations through the introduction of binary betting and the establishment of a rapidly growing business in Australia.
"In May 2005, IG Group Holdings plc was floated on the main list of the LSE. It has since been promoted to the FTSE 250 and currently has a market capitalisation of around £1.2 billion.
"IG Group companies have tens of thousands of clients worldwide making around 900,000 transactions a month, over 90% of them online.
"In the year to May 2007, IG Group achieved a turnover of £122m, and generated a record profit before tax of £69m."
IG Index Markets
For more information about the spread trading markets offered see: IG Index Markets
Market Regulation
IG Index and IG Markets are authorised and regulated by the Financial Services Authority.
Account Note
Note that opening an IG Index Account is subject to possible suitability and credit checks. See site for details.
"IG Index Account" written by RThomas, last updated 12-Feb-2008
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