- IG Group opens waiting list for options trading in the UK, marking a significant expansion for the broker.
- The launch will coincide with an event hosted by tastytrade in collaboration with Cboe and CME Group.
IG Group, the UK-listed brokerage firm, is making waves by opening a waiting list for options trading in the UK.
This move marks a major expansion for the company and taps into the growing global interest in options trading, particularly in the US and India.
The options trading service will be launched under the tastytrade brand, known for its educational content and trading tools.
The official launch is slated for early June and will be accompanied by an event in London hosted by tastytrade in collaboration with Cboe and CME Group.
While options trading has gained immense popularity globally, IG Group faces the challenge of adapting the US options trading model to the UK market, where certain practices are prohibited.
Nevertheless, the company remains optimistic about this venture. This move follows several recent developments for tastytrade, including a partnership with Unusual Whales, the opening of a new office space in Chicago, and a substantial donation to the Greenwood Project, a non-profit promoting diversity in finance