112 days ago • Posted by William Ramstein

IG Group shares rise upon new acquisition of Tastytrade Inc

IG Group Holdings  agreed to buy online brokerage Tastytrade Inc. for $1 billion, predicting retail stock traders in the U.S. are about to embrace derivatives. The combination would add Tastytrade’s more than 105,000 active accounts to IG’s platform, whose core markets include the U.K., European Union, Australia and Singapore. IG shares rose as much as 1.7% at the open in London before reversing the gains to trade 0.9% lower at 9:53 a.m. - Yahoo