IG Group reports slower rise in interim profit as market volatility eases


FILE PHOTO: Dealers work on the IG Group trading floor in London, Britain June 30, 2015. REUTERS/Neil Hall

(Reuters) - Online trading platform IG Group on Thursday reported a slower growth in half-yearly profit and said it added fewer new active clients than in the previous year, as market volatility spurred in part by the COVID-19 pandemic eased.

The London-listed firm posted a single-digit rise in pre-tax profit to 245.2 million pounds ($329.23 million) for the six months ended November 2021, compared with 227.8 million pounds a year earlier.

($1 = 0.7448 pounds)

(Reporting by Sinchita Mitra in Bengaluru; Editing by Subhranshu Sahu)

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