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
Kader Exports pvt. Ltd. is recalling certain consignments of various frozen cooked shrimp citing potential contamination with Salmonella, according to the U.S. Food and Drug Administration. The affected frozen cooked, peeled and deveined shrimp products were sold in 1lb, 1.5lb., and 2lb. retail bags. They were distributed from late February 2020 to Mid-May 2020 across the nation. The former chief executive officer of Hertz Global Holdings, Mark Frissora, agreed to pay about $2.2 million to settle the U.S. Securities and Exchange Commission's claims that he played a key role in causing the now-bankrupt car-rental company to file inaccurate financial statements in 2013. Daimler AG, the maker of Mercedes-Benz cars, said Thursday that it has agreed to pay more than $2.2 billion to settle U.S. claims over emissions from its diesel vehicles.
RELATED NEWS
Follow RTT