IG Group plc (LSE: IGG) is a British-based Company trading in financial derivatives and sports betting. While the majority of the company's activities are based in the UK the Company has also expanded internationally. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
The Company hedges unmatched bets and trades, as considered appropriate, to ensure that it is not unacceptably exposed to material losses. The Companies subsidiaries include IG Finance, IG Group Limited, IG Index plc and IG Markets Limited.
News and Notifications - Thursday, February 11, 2010 6:18 PM
Icelandic Group fully owned by Vestia Holdings
Vestia Holdings ehf. (Vestia), a subsidiary of the Icelandic bank NBI hf., has assumed 100% ownership of Eignarhaldsfelagið IG ehf. (IG Holdings ehf), the parent company of Icelandic Group. This will have no effect on Icelandic Group´s business activities or daily operations but provide strong support to the Group's management in realizing the company's full capabilities.