IG Group (IGGHY) just reported full year results for the 2020 financial year, which showed stellar performance. However, this was largely expected by the market as IG had already disclosed many positive trading updates over previous months regarding the increase in market volatility and the benefits that this volatility had delivered in terms of revenues for the company. Industry peers such as CMC Markets (CCMMF) and Plus500 (PLSQF) also have been reporting strong numbers.
Due to the market’s already high expectation, IG's share price has actually dipped following the