Tag: ig index

How to lose £30m in seconds

How to lose £30m in seconds

Over the last year I’ve been speaking to a lot of organisations, in sports and non sports markets, that hedge or don’t hedge their positions.

I think I can do a job for people who don’t hedge, but curiously, the general message that’s been coming back is that there is no need to hedge. Margin is lost by hedging and gained by decent management of positions. I think that the prevailing view, despite losing margin in the process, is that …

15/01/2015 | By | Reply More
IG Index vs Betfair

IG Index vs Betfair

IG Index released year end results yesterday and they make interesting reading when compared to Betfair. I quite like comparing IG Index and Betfair as they are both spread betting companies, moreso now than ever. Now they are both listed companies, its possible to draw some rough lines around both businesses. Comparisons to IG helped me decide that Betfair was way overvalued when they listed.

Revenues are fairly similar across both businesses but margins at IG are much higher and …

21/07/2011 | By More
Financial spreads vs. Betfair

Financial spreads vs. Betfair

As you know I spend quite a bit of time nosing around the financial markets. If you have never touched financial markets it’s worth having a look at some point.

Each morning I spend a lot of time browsing company reports and reading up on companies, industries and all manner of things. Today I was looking at IG index and the spread betting industry. IG are an interesting company and one I have held shares in twice. The report makes

22/07/2008 | By More
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