Decent results out today and a good divi 11p (not checked the cover yet though), has and should benefit from an up and down market.

Worth keeping an eye on perhaps, what do you think?

CEO leaves with immediate effect http://www.moneyam.com/action/news/showArticle?id=6144043

Down over 11%!

I went to the CMC traders evening last week.

They were pretty open that professional traders status was really affecting them and the reduction in margin was pushing their PI customers to providers registered abroad, outside the scope of the MIFID II legislation.

Before the evening I had been refused professional status by CMC. Whilst I was there they agreed to count additional assets not previously countable to get me inside the legislation. Further, they were looking into offshoring clients money so that they were outside the scope of MIFID II.

I expect IG are having the same issues.

Finally there were about 10 PI's at the meeting. As far as I could tell I was the only one trading with real money. Everyone else was paper trading.

The training given by CMC was excellent.

They also have to disclose the percentage of losers on there books now.

Hardly a selling point.

IGG appoint CEO https://www.moneyam.com/action/news/showArticle?id=6186372

Up over 6% on that news so far!

Directors buy https://www.moneyam.com/action/news/showArticle?id=6191491

StockMarketWire.com
Brokerage IG Group warned Tuesday first-half revenue would undershoot that of last year as regulatory measures weigh on new client growth. Revenue in the first half was expected to be around 6% lower on-year, the company said. The number of new over-the-counter leveraged clients who traded for the first time with IG in the period fell 24% to 14,600 from 18,027 a year earlier.

Group revenue in the four month period since all the regulatory measures came into effect was expected to be around 10% lower than in the same period a year ago, the company added.

Revenue in that four month period in the ESMA region (UK and EU) was expected to be around 20% lower, with revenue from the group's business in Asia Pacific and other non-ESMA region countries expected to be around 9% higher.

With regulatory measures continuing to weigh on retail clients, the bulk of UK and EU revenues, around 70%, had been generated by professional clients, the company said.

IG Europe, the group's client facing subsidiary in Germany, had received its licence from BaFin, allowing the group to offer its regulated financial products in all EU member states following the UK's exit from the EU, IG said. At 8:06am: (LON:IGG) IG Group Holdings PLC share price was -29.25p at 579.25p

Down 10 1/2% now, glad I'm out of these at the moment.

IG Group sees no surprises in UK regulator paper on new derivatives rules
StockMarketWire.com
Broking house IG Group said there were no surprises in a consultation paper released on Friday by UK regulators regarding a tightening of trading rules.

The Financial Conduct Authority had released a consultation on restricting contract for difference products sold to retail clients, plus a discussion about other retail derivative products.

'The FCA's proposals have been anticipated by the company, and do not change the company's expectations on performance or group revenue,' IG Group said.

'IG continues to be supportive of the objective of regulators to improve client outcomes in this industry and will continue to engage fully with regulators.'

'In IG's experience, when proportionate regulation has been applied consistently and appropriately, client outcomes have improved, and compliant providers have benefitted over the longer term.'

At 1:40pm: (LON:IGG) IG Group Holdings PLC share price was +4.5p at 559p

i see stuart wheeler founder of IG wants to remain in EU now after donating 600k to the leave campaign...gone long now stuart? how much did you make shorting the markets?

apparently city hedgefunds arent happy with the state of the stock prices...dont worry santa rally may help and city bonuses

Interesting that Maestro, Wheeler's personal website has been taken down as well!

http://www.stuartwheeler.co.uk

Interims on the 22nd coming up.

Interims https://www.moneyam.com/action/news/showArticle?id=6284717

Down 11+% and falling!