A trading opportunity for you?

Will IG Group continue falling, or will it rise again back to 915p September highs?

• The price has fallen over 22.5% in one week.
• Shares are down over 23.3% down from 2018 highs, +3.6% from 2018 lows, -6.6% year-to-date.
• Latest results disappointed and news of the CEO Peter Hetherington stepping down added momentum to the sell-off
• Company is “well-advanced” in its search for the new CEO, suggesting that the change has been planned for some time.
• IG Group’s CFO Paul Mainwaring has taken over the CEO role on an interim basis.
• Shares have been as high as 915p in September, and as low as 664p. It is now at 669p.
• Will the sell-off continue, or can the shares recover?

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Trading IG Group – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards September high of 915p. You decide to buy exposure to £10,000 worth of IG Group using a CFD, at the current price of 669p. To do this, you need £2,000.

Let’s assume IG Group recovers back to 915p (+36.7%). Your profit would be £3,670, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 10% from the current price. IG Group falls 10% and hits your stop-loss. Your loss would be £1,000.

This is provided for information purposes only. It should not be taken as a recommendation.