While 2009 has been off for a rough start for some, IG Group, a spread betting operator in London, has seen international exponential growth, the Financial Times reported.
The group, which principally operates in the United Kingdom, Europe and the Asia-Pacific region, saw its revenue grow 45 percent year-on-year with nearly half coming from ventures outside of the United Kingdom.
“All parts of the financial business are growing and the newer the market the greater its growth rate,” Tim A. Howkins, IG Group’s chief executive, told the paper.
The company’s interim results are expected to be announced on Jan. 20.