company traded as lse igg industry financial services founded 1974 headquarters london uk key people andy green chairman peter hetherington ceo services online forex trading cfds spread betting shares trading revenue 427.0 million 2015 1 operating income 169.6 million 2015 1 net income 131.9 million 2015 1 website www.iggroup.com www.ig.com ig group is a uk based company providing trading in financial derivatives such as contracts for difference and financial spread betting and as of 2014 stockbroking to retail traders . while the majority of the company s activities are based in the uk the company has expanded internationally . it is listed on the london stock exchange and is a constituent of the ftse 250 index . 2 contents 1 history 1.1 founding and early years 1974 2000 1.2 expansion 2001 2010 1.3 recent developments 2011 present 2 operations 3 sponsorship 4 see also 5 references 6 external links history edit founding and early years 1974 2000 edit the company was founded in 1974 by stuart wheeler as a spread betting business under the name ig index an abbreviation for investors gold index which allowed people to trade gold prices as an index instead of buying the physical commodity . in july 2000 shares in the newly named ig group plc were first listed on the london stock exchange . 3 expansion 2001 2010 edit in july 2002 ig group commenced trading in australia after a change in the country s financial services legislation made it possible to offer contracts for difference to australian residents . 4 ig group took the opportunity to acquire its founder s shares and those of certain other long standing shareholders in a management buy out backed by private equity firm cvc capital partners which valued the company at 143 million ; ig group plc s listing on the london stock exchange was subsequently cancelled on 7 november 2003 . 5 in may 2005 after two years of private ownership ig group and cvc capital partners re floated the company on the main list of the london stock exchange with a valuation of 393 million . 5 in october 2008 ig group acquired fxonline a japanese retail fx business . 6 ig group has been trying to gain access to the potentially lucrative us market where ig group s main products contracts for difference and financial spread betting are currently not legal . in 2007 it purchased hedgestreet a small us based company that developed an electronic marketplace that allows online retail investors to trade financial derivatives . it renamed this the north american derivatives exchange or nadex and has been attempting to use this to develop a product that looks like its binary option product but that meets the us financial regulations and can be offered to retail traders . in may 2010 it obtained permission from the us commodity futures trading commission to make various technical changes that move in that direction . 7 8 recent developments 2011 present edit cannon bridge house ig group s head office in london in june 2011 ig markets shut down its traditional fixed odds sports service extrabet which had an emphasis on in play betting . the fixed odds sport service was shut down to focus on financial wagers after failing to find a buyer for the whole unit . 9 in september 2014 the company started its own online stockbroking platform offering prices on some 4 500 stocks . 10 in january 2015 the swiss national bank announced that it would be discontinuing its minimum exchange rate policy . in october 2015 ig accepted a ruling by the uk s financial ombudsman service that it should compensate some customers that lost money during a rapid appreciation of the swiss franc in january . 11 peter hetherington was appointed ceo in december 2015 when tim howkins retired after nine years in charge . 12 operations edit in 2012 ig group consolidated its business in the uk under one brand ig . ig group is now therefore the sole trading name of the operating companies 13 ig index which offers spread betting on financial markets as well a binary options under the supervision of the uk gambling commission . 14 ig markets which offers cfds on a similar range of financial markets . sponsorship edit during its history ig group signed some notable sponsorship deals the company sponsored getafe cf football club in 2010 2011 spanish season . 15 in november 2010 ig markets signed a sponsorship deal to support team sky professional cycling team in 2011 . 16 in december 2010 ig markets announced sponsorship of two stages of santos tour down under cycling race in 2011 . 17 in october 2013 ig signed a sponsorship deal with harlequin rugby team for the next three years . 18 in september 2014 the deal was updated to make ig one of three major sponsors for the team . 19 in may 2015 ig group became a partner of melbourne football club for 2015 and 2016 . 20 see also edit london portal list of foreign exchange companies ftse 250 index references edit a b c annual report 2015 pdf . ig group . retrieved 9 april 2016 . ftse 250 indicative index weight data as at closing on 31 december 2014 pdf . ftse . 31 december 2014 . retrieved 10 may 2015 . spread bets firm ig index holds 110m market slip . the telegraph . 10 june 2000 . retrieved 31 january 2015 . ig chief predicts end of market tranquillity . the telegraph . 24 november 2014 . retrieved 31 january 2015 . a b ig group confirms lse float . financial times . 1 april 2005 . retrieved 31 january 2015 . british spread better buys fxonline . china post . 25 september 2008 . retrieved 31 january 2015 . cfds illegal in the usa not much longer . blogspot.com . 14 may 2010 . retrieved 31 july 2010 . nick hasell 10 june 2010 . why ig group is still worth a bet . the sunday times . retrieved 31 july 2010 . david altaner 19 july 2011 . ig logs full year loss after taking japan unit charges . bloomberg . retrieved 31 july 2010 . ig launches online stockbroking platform . the telegraph . 15 september 2014 . retrieved 14 april 2015 . ig group repays 1.5 million to clients over swiss franc turmoil . bloomberg . 7 october 2015 . retrieved 22 october 2015 . sarah spickernell 4 december 2015 . peter hetherington appointed chief executive of online trading firm ig group . city a.m. retrieved 8 december 2015 . ig markets review . spread betting daily . retrieved 31 january 2015 . ig binary review . binaryoptions broker . retrieved 11 march 2016 . ig markets patrocinador del getafe cf sad . rankia.com in spanish . 23 august 2010 . retrieved 10 may 2015 . kr ner hedwig 18 november 2010 . sky announces new co sponsor . cyclingnews.com . retrieved 10 may 2015 . noble kelly 10 december 2010 . ig markets sponsors two stages of santos tour down under . glam adelaide . retrieved 10 may 2015 . dormio nunquam 16 october 2013 . quins sign new sponsorship deal . rugbynetwork.com . retrieved 10 may 2015 . harlequins announces ig as principal partner . quins.co.uk . 4 september 2014 . retrieved 10 may 2015 . nikolova maria 5 may 2015 . ig partners with melbourne football club . leaprate . retrieved 10 may 2015 . external links edit wikimedia commons has media related to ig group . official corporate website official website v t e ftse 100 ftse 250 companies of the united kingdom 3i infrastructure aa aberdeen asset management aberforth smaller companies trust acacia mining aggreko aldermore group alliance trust allied minds amec foster wheeler ao world ascential ashmore group assura atkins auto trader group aveva balfour beatty bankers investment trust barr a.g. bba aviation beazley group bellway berendsen berkeley group holdings bank of georgia bh macro big yellow group b & m european retail value bodycote booker group bovis homes group brewin dolphin holdings british empire trust britvic brown n. btg plc cairn energy caledonia investments capital & counties properties card factory carillion centamin cineworld city of london investment trust clarkson close brothers group cls holdings cmc markets cobham computacenter countryside properties countrywide cranswick crest nicholson cybg daejan holdings dairy crest debenhams dechra pharmaceuticals derwent london dfs dignity diploma domino s pizza drax group dunelm group edinburgh investment trust electra private equity electrocomponents elementis entertainment one essentra esure euromoney institutional investor evraz f & c commercial property trust fidelity china special situations fidelity european values fidessa group finsbury growth & income trust firstgroup fisher james & sons foreign & colonial investment trust g4s galliford try gcp infrastructure investments genesis emerging markets fund genus go ahead group grafton group grainger great portland estates greencoat uk wind greencore greene king greggs gvc holdings halfords group halma hansteen holdings harbourvest global private equity hastings group hays henderson group hicl infrastructure company hill & smith hiscox hochschild mining homeserve howdens joinery hunting ibstock icap ig group holdings imi inchcape indivior inmarsat intermediate capital group international personal finance international public partnerships investec ip group jardine lloyd thompson jd sports john laing group john laing infrastructure fund jpmorgan american investment trust jpmorgan emerging markets investment trust jpmorgan indian investment trust jrp group jupiter fund management just eat kaz minerals keller kennedy wilson europe real estate kier group ladbrokes laird lancashire holdings londonmetric property man group marshalls marston s mccarthy & stone meggitt mercantile investment trust metro bank millennium & copthorne hotels mitchells & butlers mitie moneysupermarket.com group monks investment trust morgan advanced materials murray international trust national express group nb global ncc nmc health ocado group onesavings bank p2p global investments pagegroup paragon group of companies paypoint paysafe pennon group perpetual income & growth investment trust personal assets trust petrofac pets at home phoenix group holdings playtech polar capital technology trust polypipe premier farnell pz cussons qinetiq rank group rathbone brothers redefine international redrow regus group renewables infrastructure group renishaw rentokil initial restaurant group rightmove rit capital partners riverstone energy rotork rpc group safestore saga savills scottish investment trust scottish mortgage investment trust segro senior serco shaftesbury shawbrook bank sig plc smith ds smurfit kappa group softcat sophos spectris spirax sarco engineering spire healthcare sports direct ssp group stagecoach group st. modwen properties supergroup svg capital synthomer talktalk group tate & lyle ted baker telecom plus temple bar investment trust templeton emerging markets investment trust thomas cook group tritax big box reit tr property investment trust tullett prebon tullow oil ubm udg healthcare uk commercial property trust ultra electronics holdings unite group vectura group vedanta resources vesuvius victrex virgin money weir group wetherspoon j d w h smith william hill witan investment trust wizz air woodford patient capital trust wood group workspace group worldwide healthcare trust zoopla retrieved from https en.wikipedia.org w index.php title ig group & oldid 735354115 categories gambling companies of the united kingdomcompanies based in londoncompanies listed on the london stock exchangefinancial services companies of the united kingdomfinancial derivative trading companiescompanies established in 1974foreign exchange companiesonline brokerageshidden categories cs1 spanish language sources es use dmy dates from may 2015use british english from may 2015pages using infobox company with unsupported parameterscommons category with page title same as on wikidataofficial website different in wikidata and wikipedia navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured 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