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Home > Company Index > Leisure > Gaming Activities > IG Group plc
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IG Group plc |
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NEWS FROM THE WIRES |
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Power Corp. profit flat from a year earlier Jul 26 2001 01:00 PM PDT
Power Financial profit jumps in second quarter Jul 26 2001 09:32 AM PDT
Investors Group Q2 profit rises, ups dividend Jul 25 2001 02:29 PM PDT
> More WIRE STORIES about this company
PROFILE |
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IG Group looks like a strong favorite at the starting line. The company's IG Index spread-betting operation allows investors to speculate on share prices, currencies, and interest rates. Spread betting is an alternative to conventional dealing in shares, futures, and currencies. Bets also are taken on non-financial gambles like sports events and political campaigns. Any profits made are tax-free. The IG Index was founded in 1974 by Stuart Wheeler, and in 2000 it became the first spread-betting firm to float on the stock market. Wheeler retained a stake of about 33%. The service is popular with City dealers who bet on share prices, interest rates, and sports events.
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FINANCIAL OVERVIEW |
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2000 Sales (mil.): 35.50
Employees: 94
Revenue per employee: $377,659.57
KEY PEOPLE |
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John Stuart Wheeler
CEO
Timothy Alexander Howkins
CFO
CONTACT INFO |
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Friars House,
London SE1 8EZ, United Kingdom
Phone: 44-207-0011
Fax: 44-207-0010
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
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