iPad App Latest Complement to IG Index Mobile Suite

LONDON, October 24, 2011 /PRNewswire/ --

Tailored App now available for every device

IG Index, the UK's leading financial spread betting provider, has rolled out the latest addition to its suite of mobile dealing applications - the iPad app. Clients can now choose from a range of apps that have been comprehensively tailored to run on iPhone, BlackBerry, Android and Windows Phone 7, along with the increasingly popular iPad tablet computer.

Tim Hughes, Managing Director of IG Index, commented:

"The latest generation of smartphones has given us the opportunity to drastically improve our mobile spread betting software. This has been accompanied by a significant uplift in clients using their mobile handsets to deal on the move. Over the last year, we've seen a 300% increase in mobile dealing, with the majority of this coming from orders placed on the iPhone. We're confident that the bigger screen of the iPad and the accompanying improvements in functionality we have been able to deliver will make this application just as popular."

Spread betting with IG Index on the iPad offers users the ability to customise the app layout to show any combination of watch lists, order tickets and charts side-by-side. Non-clients can download the app free of charge for access to live market data, from the FTSE 100 price to currencies, commodities and more.

Tim Hughes had this to add:

"The iPad release puts us in a position to offer clients a tailored app for each of the major mobile devices. The iPhone may be leading market share for us right now, but in the three months since we launched our Android app we've seen a significant number of downloads. We have also launched our Windows Phone 7 app this month. It's premature to suggest that dealing on a desktop computer has had its day, but clients are certainly eager to see what can be done using complementary platforms."

It is estimated^[1] that 3.62 million people currently own tablet computers in the UK, with Apple having a 73% share. Forecasts state that a further two million devices will be sold in the country during 2012.

About IG Index

IG Index is the world's leading financial spread betting provider, offering clients the ability to spread bet on over 7,000 shares listed on markets worldwide, as well as indices, currencies, commodities and treasuries. Established in 1974, IG Index is part of IG Group (IGG.L), which employs in excess of 900 people and has offices in 14 countries worldwide. For further information please visit http://www.igindex.co.uk, or call +44(0)20-7896-0011.

About IG Group

IG Group Holdings plc is a world leader in financial derivatives trading, with several operating companies offering products to a retail and professional client base.

Expanding beyond its initial business in UK financial spread betting, IG Group has developed significant multinational operations with offerings in foreign exchange (forex) and Contracts for Difference (CFDs).

IG Group continues to innovate and grow. In the past few years it has introduced mobile dealing, new platform and charting features and a regulated retail-focussed exchange in the US. Today, the IG Group of companies employs over 900 staff around the globe, helping more than 117,000 clients execute over two million transactions per month. IG Group is listed on the LSE with a market capitalisation of approx £1.7bn.

Apple, the Apple logo, iPod, iPod touch, and iTunes are trademarks of Apple Inc, registered in the US and other countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.

Microsoft and Windows are either registered trademarks or trademarks of Microsoft Corporation in the United States and/or other countries.

1. http://www.kantarworldpanel.com/#/News/news-list/Kantar-Worldpanel-ComTech:-Tablet-sales-rocket-from%20-their-launch-pad [http://www.kantarworldpanel.com ]

 

Media Contact:

Tony Cross, IG Group: +44(0)207-573-0245

SOURCE IG Index Plc