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IG purchases DailyFX


IG Group (“IG”), a global leader in online trading, today announces that it has agreed, subject to final approvals, to purchase DailyFX, a leading global news and research portal, and its associated assets, from FXCM Inc. for a total consideration of $40 million (currently £30.8 million). It is anticipated that the transaction will complete by the end of October.

Full details can be accessed here.