off-the-wire

Britain's IG Group forecasts on-target annual revenue, profit

Kitco Media
By Reuters
Published:
Updated:
Reuters
March 15 (Reuters) - UK online trading platform IG Group on Wednesday forecast its annual revenue and profit in line with market expectations, as the Ukraine crisis and the Silicon Valley Bank collapse fuelled market volatility and boosted trading volumes.


The London-listed firm said year-to-date total revenue from continuing operations came in at 758.4 million pounds ($921.7 million), compared with 722.7 million pounds a year earlier.


($1 = 0.8228 pounds)


(Reporting by Aby Jose Koilparambil and Sinchita Mitra in Bengaluru; Editing by Sherry Jacob-Phillips)

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