Spread betting and contracts for difference (CFD) provider IG Group Holdings expects revenue for the first half of its 2020 financial year to match the prior year's £250m (€296.4m/$328.5m) total, despite a year-on-year decline in revenue from core markets.
Spread betting and contracts for difference (CFD) provider IG Group Holdings has cited the impact of new European Securities and Markets Authority (ESMA) regulations as the primary reason behind a 16% year-on-year drop in revenue in its 2019 financial year.
Spread betting and contracts for difference (CFD) provider CMC Markets has cited the impact of new regulatory measures across Europe as the primary reason behind year-on-year declines across income and profit in 2018.
Playtech has reported a 54% year-on-year increase in revenue for 2018, though growth for the year was largely down to the acquisition of Italian operator Snaitech, with the solutions giant’s B2B division struggling.
IG Group has followed up on record results in the first half by announcing further year-on-year financial growth in the three months to February 28, 2018
The Autorité des marchés financiers (AMF), the stock market regulatory body in France, has ruled companies using cryptocurrencies must abide by certain rules
The UK Financial Conduct Authority (FCA) is to review the current process for the provision and distribution of contracts for difference (CFD) products
The Cyprus Securities and Exchange Commission has published a new circular aimed at making brokers increase the level of monitoring and supervision they exercise over their affiliates.
IG Group has said that it expects to achieve full-year growth across a number of key financial metrics after an increase in revenue during the fourth quarter.
