logo
Plus   Neg
Share
Email

IG Group Lifts Q4 Net Trading Revenue Outlook

IG Group Holdings plc (IGG.L) said that it now expects net trading revenue for the fourth-quarter to be about 259 million pounds compared to the prior estimation of 173 million pounds.

Financial market volatility has remained elevated and the Group has continued to expects high levels of client trading activity, the company said in a statement.

The Online trading company anticipates full year net trading revenue to be about 649 million pounds, compared to 476.9 million pounds reported last year.

The company plans to announce its full year results on 23 July 2020.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The European Commission said Friday that it has signed a deal with Sanofi and GlaxoSmithKline to secure up to 300 million doses of their potential COVID-19 vaccine. Acella Pharmaceuticals recalled certain lots of hypothyroidism medication NP Thyroid in the form of tablets due to super potency, the U.S. Food and Drug Administration said in a statement. The company is recalling one lot of 15mg and one lot of 120mg of NP Thyroid that are packaged in 100 count bottles in strengths of 15 mg, and 120 mg, with expiration dates between October 2020 and November 2020. Walmart announced its decision to raise wages for around 165,000 hourly associates across all its U.S. stores starting October, and introduce a team-based operating model in Supercenters. In a tweet, the retail giant said, "Today we're introducing new leadership roles and cross-training opportunities, giving our associates more ways to grow their careers."
RELATED NEWS
Follow RTT