IG Group launches prime brokerage unit

IG Group trading floor 575x375
By Owen Sanderson
01 Apr 2020

IG Group, best known for its online index trading and contract for difference franchise, has launched a prime brokerage service targeting smaller institutions such as start-up hedge funds and family offices.

The new unit, IG Prime, will offer “synthetic prime” services, focused on derivatives including swaps and contracts-for-difference, though it will also offer cash equities. It will build out in other assets including fixed income further down the line.

The group wants to position itself ...

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