IG (company)

IG Group is an online trading provider with 290,000 active traders[2], offering access to spread betting and CFD trading, which allow traders to bet on the direction of equities, bonds and currencies without owning the underlying assets.[3] Established in 1974 by Stuart Wheeler, [4] it has a market value of £2.9 billion[5] and offers trading in 17,000 investment markets. IG is regulated by the FCA, the UK's financial authority body.[6][7] It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.[8] The company is based in London and employs 1,950 staff. [9]