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Less is more for IG

Revenue per client has fallen, but client numbers are up at the spread-betting operation
March 14, 2012

Financial spread-betting provider IG Group pushed revenue ahead by 1.5 per cent in the third quarter to £75m.

IC TIP: Buy at 455p

Less volatility in the world's financial markets, meant a 3 per cent fall in revenue per client, but this was offset by a 4.6 per cent rise in the number of active clients.