The online trading group reported full-year revenue of £1.08bn and statutory profit after tax of £380m, with trading revenue growth offsetting weaker interest income as the company pushes into crypto, stock trading, and the US market.
tastytrade
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IG Group acquired Daily FX from FXCM in 2016 for $40m. Trade Live with IG appears to be an attempt to mirror the success that tastylive has had in the US.
IG Group’s US offering – IG US – has rebranded to tastyfx. The rebrand means that the group’s FX offering fits with the wider tastytrade brand.
tastytrade is holding an event in London in early June with Cboe and CME Group, meaning the launch will align with that.
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