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BUZZ-IG Group: volatile markets help shares hit all-time highs

Reuters - UK Focus

** Recent volatile trading conditions paying dividends for online trading co IG Group which hits all-time high

** Says to achieve record quarterly revenue in Q2 & to enter H2 in "robust position"

** Client activity increased significantly in past three months which have seen upswing in volatility in markets due to factors including fears over global growth and speculation over potential rise in U.S. interest rates

** Canaccord Genuity (Other OTC: CCORF - news) hikes TP for IG (LSE: IGG.L - news) to 700p vs 659p

** Broker says platform launched in October could spur clients to consolidate trading activity with IG enabling shares owned to be used as collateral for spread betting should be positive for volume growth (RM (LSE: RM.L - news) : tricia.wright1.thomsonreuters.com@reuters.net)