There is little spread betting specialist such as IG Group (IGG) can do about the historically low level of volatility in the UK and some European markets in recent months. This subdued UK sales of leveraged over-the-counter products during the 12 months to May, making them flat on the previous year. Revenue per client was also down 7 per cent in its largest market, although the number of active clients increased.
IC TIP:
Hold
at
621p