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IG Group considers entering leveraged securities market in Hong Kong

From financefeeds.com

Online trading major IG Group Holdings plc (LON:IGG) is setting out its key strategic choices, including plans for expansion in Hong Kong. The Group has categorised its existing businesses into two groups: core markets and significant opportunities. In the core markets of the UK, EU (CFDs), Australia, Singapore and non-EU EMEA (Switzerland, Dubai and South Africa), the Group will deploy the levers of segmented target markets, and more local market focus. The revenue from these core markets in FY19 is expected to be around £415 million. In the EU, IG aims to expand into new products including Options and Turbo 24s ... (full story)

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