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Market volatility leads IG Group near £100m revenue mark

13th September 2011 7:55 am GMT

IG Group Holdings plc has reported a 26 per cent increase in revenues to £99.8m for the first quarter ended August 31st, following a record month in August as a result of the heightened levels of market volatility.

Excluding the company’s Extrabet sports betting business which was closed during the period, IG said that like-for-like revenues were up 30 per cent, on the back of a 20 per cent increase in active clients and an 8 [...]

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