IG takeover sparks FX job worries

City Index, a private investment company part-owned by Icap chief executive Michael Spencer, is investigating the viability of buying 24% of IG, which was put up for sale by IG chairman and founder Stuart Wheeler earlier this month. On announcing his decision to sell the stake, Wheeler added that other long-standing investors in the firm are also looking to relinquish their shares. This brings the total to ‘substantially in excess of 30% of the company’s issued share capital’, said the statement

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: