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Tag Archives: retail clients
IG Group Holdings’ rationale for buying HedgeStreet
Tim Howkins (CEO of IG Group Holdings): For some time we have been interested in entering the US market, but regulatory constraints limit our ability to offer much of our existing product range. The acquisition of HedgeStreet marks an important … Continue reading
A critical look at IG Group’s decision to buy HedgeStreet out.
RTT News. U.S.-based sed HedgeStreet, which has operated the HedgeStreet Exchange, has liabilities of approximately $1 million and operating costs of approximately $325,000 per month. Currently, the company is not generating any revenue. Hemscott: IG Group chief executive, Time Howkins, … Continue reading
IG Group buys HedgeStreet for $6,000,000.
Just as predicted by our Deep Throat in early October 2007 —”They are packaging HedgeStreet for a closing/fire-sale.” RTT News. U.S.-based sed HedgeStreet, which has operated the HedgeStreet Exchange, has liabilities of approximately $1 million and operating costs of approximately … Continue reading
Posted in Business, Exchanges & Markets, Finance
Tagged Australia, chief executive, foreign exchange business services, GBP, Germany, HedgeStreet, IG Group, IG Group Holdings plc, pence, prediction markets, retail, retail client base, retail clients, Singapore, speculative investment products, sports markets, Time Howkins, United Kingdom, United States, USD
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