IG Index Has Moved Into The US Marketplace
IG Index, the world’s largest spread betting firm has been given the go ahead by US regulators to provide American customers with their award-winning spread betting products and services. IG Index Has Moved Into The US Marketplace but executives has warned shareholders that the new business won’t generate any short term cash for the spread betting firm, instead predicting that the long-term rewards for the current investment will be worthwhile.
IG Index had been attempting to get approval from the US regulators for some time and seemed to be at a deadlock, with IG Index’s chief executive Tim Howkins saying earlier this month that the deal was stuck in “regulatory limbo” as its online trading platform awaited approval. However, IG Index has finally received the green light and will be offering products to US customers later this month.
The move into the US market by IG Index comes as no surprise to most market observers. Expansion into the US has been a priority for the company for many years with the move finally becoming a reality after, what seems to have been and very lengthy struggle. IG chief, Howkins also added that the move into the US marketplace will be a focal point for the business in the short to mid-term as the company continues its longstanding trend of diversifying into overseas markets, following the saturation of the maturing UK market.
You can open a new spread betting account with IG Index quickly and easily at www.igindex.co.uk. Here new traders can take advantage of TradeSense, a free educational programme for people new to spread betting. TradeSense offers you strategies, hints and tips to keep you in profit. You can even practice spread betting with bets from just 10p.
