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IG Group profits from market volatility, revenues up 16%

9th June 2010 9:24 am GMT

Shares in IG Group gained nearly 9 per cent this morning after the company said that it expects to report revenues of approximately £298m for the year ended May 31st 2010, an increase of 16 per cent versus the previous year, following strong growth in several of the company's businesses including Australia and Europe.

IG Group said that it benefited from an increase in volatility in both forex and equity markets during the last few weeks [...]

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