Financial Times FT.com

IG bucks downward trend with global expansion

By Brooke Masters

Published: January 6 2009 16:38 | Last updated: January 6 2009 16:38

Troubled equity markets and tight credit have played havoc with profitability in most of the UK’s financial sector. Banks, stockbrokers and asset managers are all predicting a tougher 2009.

But one small corner of the industry sees reasons to be bullish. IG Group, the UK’s largest spread better and a world leader in selling contracts for difference and other financial derivatives, is still pulling in new clients and expanding globally at a rapid rate.

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