Financial Times FT.com

Equity market rally boosts IG Group

By Philip Stafford

Published: July 21 2009 09:14 | Last updated: July 21 2009 09:14

IG Group, Britain’s largest spread betting group, said growth had returned in the final months of its financial year thanks in large part to the equity market rally.

Having benefited from market volatility, the group had seen revenue in the UK and Australia, its two biggest markets, fall 7 per cent as the turbulence subsided. However improved equity markets helped it beat analysts’ expectations with full-year earnings.

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