Established in 1974, the LSE-listed IG Group is a leading global Forex and CFD retail broker operating through various regulated entities. IG Markets Ltd is regulated by the UK FCA, IG Europe GmbH by German BaFin, IG US LLC by US CFTC, and IG Australia Pty Ltd by ASIC. IG Markets South Africa (IGMSA), a subsidiary of the IG Group, has recently appointed Robert J. van Eyden as the company’s new CEO. The broker recently reported excellent numbers for the financial year 2022.
A few days ago, Robert J. van Eyden (pictured left) announced his appointment as CEO of IG South Africa on LinkedIn. He joined IG from FNB South Africa, where he has been Chairperson and CEO over the last five years.
On 21 July 2022, the IG Group reported excellent numbers for FY22, which ended 31 May 2022. The retail broker booked a 16% increase in net trading revenue to £972.3 million with pre-tax profits of £477 million. The broker has also reported more than 381,000 active clients. As reported by Finance Magnates, the broker launched a £150 million share buyback program that it aims to close by the end of the ongoing financial year.
The shares of the IG Group are listed at the London Stock Exchange (LSE) with a market capitalization of more than GBP 3.3 billion.
