June Felix buys more shares in IG Group

Maria Nikolova

IG Group’s CEO has earlier this week bought 25,800 Ordinary Shares in the brokerage.

Online trading major IG Group Holdings plc (LON:IGG) today reported recent transactions in its shares. On July 24, 2019, IG was notified of transactions carried out in respect of its ordinary shares of 0.005p each by June Felix, Chief Executive Officer.

Ms Felix purchased 25,800 Ordinary Shares at a price of £5.7656 each. This results in an aggregated price of £148,752.48.

The transaction was conducted on the same day on which IG reported its preliminary results for the twelve months to the end of May 2019, with profit after tax for the period at £158.3 million, down 30% from the preceding year.

Total operating costs for the year to May 31, 2019 amounted to £284.3 million, down 2% from the year before. Operating profit was £192.9 million, down 31% from £281.1 million registered in FY18.

The Group’s net trading revenue in FY19 was £476.9 million, 16% lower than the £569 million registered in FY18. This result is in line with previous guidance. Revenue generated from clients in the ESMA region in FY19 was 26% lower than in FY18, with 2% growth in revenue from clients in the Group’s businesses in the rest of the world.

Read this next

Web3

US arrests Yune Wang for role in 911 S5 botnet scam

A global malware network, linked to the theft of $5.9 billion in Covid relief funds and crypto crimes, has been dismantled, the Department of Justice (DOJ) announced today. The network was also involved in child exploitation, bomb threats, and various cyberattacks.

Digital Assets

US Treasury official clarifies stance on crypto mixing services

The Financial Crimes Enforcement Network (FinCEN) proposed a rule last year to classify convertible crypto mixing as a “class of transactions” with primary money laundering concerns.

Fintech

Robinhood sweetens US crypto offering with trading API

Robinhood has launched a cryptocurrency trading application programming interface (API) for users in the United States. The new API caters to seasoned crypto traders by enabling automated trading strategies, allowing users to react quickly to market movements and trends.

blockdag

After Retik Finance’s 67% Drop, Investors Turn to BlockDAG’s 30,000x ROI Potential to Recover Their Losses

Explore how BlockDAG’s $37M presale is drawing investors while Retik Finance collapses to $0.403.

Digital Assets

Terraform Labs and co-founder Do Kwon reach settlement with SEC

Terraform Labs and its co-founder Do Kwon have reached a “settlement in principle” with the U.S. Securities and Exchange Commission (SEC) regarding a fraud case, according to a court filing on Thursday.

Market News, Tech and Fundamental, Technical Analysis

FTSE 100 Index Technical Analysis Report 30 May, 2024

FTSE 100 Index can be expected to rise further toward the next resistance level 8325.00, which reversed the price earlier this month.

Chainwire

Sui and Atoma Bring the Power of AI to dApp Builders

The integration of Atoma adds new capabilities to Sui’s flourishing developer ecosystem with unique AI-querying capabilities.

Digital Assets

Talos incorporates DeFi with Skolem acquisition

Talos has acquired Skolem to enable clients to incorporate DeFi into their workflows in a move that sets a new standard for the digital asset OEMS and PMS.

<