Online Broker IG Group Considers Swapping London for Wall Street

IG Group is poised to join the FTSE 100 index this month.

Photographer: Chris Ratcliffe/Bloomberg

IG Group Holdings Plc is considering a listing in New York as a way to bolster its presence in a major market for online trading platforms.

The company is looking at a US listing to support growth and be closer to its peers, Chief Financial Officer Clifford Abrahams told Bloomberg in an interview following its earningsBloomberg Terminal presentation. A US listing could also be attractive for staff and provide the business with a currency to make acquisitions, he added.