FTSE 250-Listed IG Group Invests in the South African Market

By Ig Markets, PRNE
Thursday, September 9, 2010

JOHANNESBURG, September 10, 2010 - FTSE 250-listed IG Group Holdings plc, which has a market
capitalisation of GBP1.8bn, today announced its acquisition of South African
Contracts For Difference (CFD)
(www.igmarkets.co.za/cfd/get-started.html) company, IdealCFD Financial
Services (IdealCFDs).

The South African operation will be known as IG Markets South
Africa Limited (IG Markets).

Commenting on the development, IG Group's London-based CEO Tim
Howkins
said: "Our partnership with James Bishop and the IdealCFDs team stems
back to four years ago when the group started supplying IdealCFDs with
technology. IG Group's acquisition of this business is the logical next step
in our relationship and will enable local clients to benefit from our robust
trading systems, global reach and our commitment to the innovative technology
which allows us to keep our costs low."

Howkins points out that, "The current market environment is
well suited to CFD (www.igmarkets.co.za/) trading. In a period of
market uncertainty CFDs give the long term investor the opportunity to hedge
their existing shareholdings in a tax-effective manner, while creating
significant trading opportunities for those looking to take advantage of
short-term price movements."

CFDs are versatile trading vehicles, allowing users to profit
from rising or falling share and index price movements without having to own
the underlying instrument. These derivative instruments were originally used
by institutional investors to hedge their exposure to underlying stocks, but
have become increasingly popular among retail investors as both a trading and
hedging instrument. CFD-related volume now forms a significant part of the
turnover on the world's major stock exchanges.

IG Markets South Africa Ltd CEO James Bishop says that
IdealCFDs has a long and successful track record in South Africa. "We have
successfully operated for four years. Now, with the backing of the global CFD
leader, we look to grow from strength to strength."

"The arrival of IG Markets in South Africa is a significant
step, bringing additional credibility, security and international best
practice to the South African CFD market. We are delighted to be part of a
group with representation in 13 countries. South African investors will have
an increased opportunity to trade in the international markets utilising
offshore funds or their offshore allowances."

Bishop adds: "In addition, clients will benefit from IG
Group's ongoing investment in technology in the region of GBP20m per year. By
offering two award-winning trading platforms and mobile dealing, clients will
enjoy significant trading advantages."

IG Markets also has an established broker network model, thus
enabling regulated brokers to participate in the expanding CFD market.

IG Group invests significantly in educating potential traders
and investors on CFD trading. For more information and a free trial, go to
www.igmarkets.co.za.

Sharon Harris, +44(0)20-7573-0329

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