IG Markets, Inc., Worldwide Leader in Online Trading, Opens Shop in United States

* Reuters is not responsible for the content in this press release.

Mon Mar 23, 2009 10:57am EDT

Liquidity Provider Offers Financial Transparency & Binary Options
CHICAGO--(Business Wire)--
IG Markets, Inc., a subsidiary of IG Group Holdings plc, recently opened its
first United States location in Chicago, IL, bringing with it a host of new
products for North American traders. The liquidity provider will offer: online
trading of spot foreign exchange, options on foreign exchange, metals and binary
options all on one platform. 

IG Markets offers traders binary options, a product new to U.S. traders, which
allows clients a fixed and fully transparent approach to risk. In addition, IG
Markets has a free, easy-to- use trading platform with: advanced ProRealTime
charting capabilities, competitive spreads, and up to 700:1 leverage with no
minimum deposit size required to open an account. 

Rod Drown, chief executive officer of IG Markets said, "We are excited to be
bringing new products and a new approach to trading to the United States at this
time when American traders are especially receptive to financial innovation and
transparency." 

Binaries are the most transparent and fixed way for educated traders to get
thinking and trade amidst today`s volatile market. Trading binary options
involves taking a position about market trends and/or events - and choosing
either "yes" or "no". There are only two payout possibilities; for example, an
individual could buy a contract that predicts gold will expire above a strike
price of $942.00. If the individual is correct, the payout is 100 percent; if
not, it is zero percent. 

"As a part of IG Group, we have the financial backing of a very large and well
managed publicly traded company whose financials are open to the public and can
be viewed by our clients at any given time," said Drown. "The ability to view
the financial strength of IG Group should put some restless minds at ease. It is
important, once you decide to invest, especially in today`s economy, to
thoroughly investigate the financial strength of a broker before handing over
your money. If you cannot find those numbers, you are better off steering
clear." 

IG Group was founded in the United Kingdom in 1974 and has offices in the:
United Kingdom, Australia, Singapore, France, Germany, Spain and now in the
United States. IG Group and its subsidiaries represent one of the oldest and
most recognized global brands in the financial services industry. 

About IG Markets

Chicago-based IG Markets, Inc. is registered as a Futures Commission Merchant
with the Commodity Futures Trading Commission and is a member of the National
Futures Association. IG Markets, Inc.`s parent company, IG Group Holdings plc,
is listed on the London Stock Exchange and is a part of the FTSE 250 (symbol
IGG.L). 



BlissPR
Rebecca Neufeld, 203-856-1488
Rebecca@blisspr.com

Copyright Business Wire 2009

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.